PEN 2.25% 8.7¢ peninsula energy limited

Ann: Peninsula Energy Securities Purchase Plan and Placement, page-48

  1. 840 Posts.
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    Accepting significant $s in oversubscriptions at this time may not be the smart option.
    I am not sure when current funds, after this SPP, might run out but let's just say six months. If the SP is, say, 30 cents at that time, a further raising at that time would result in less dilution, or greater funds raised.
 
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