Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-64

OK

A question to all CEO ‘s out there.

Why did SI wait until crisis point to CR last time …… IF he knew there was no partner on the horizon. Why did he not CR at ‘ a strong point’ knowing the damage that would occur the longer that no ‘partner’ turned up (AND with shorters taking advantage of the falling share price as they sold knowing the likely outcome)

I put the same question now…

Why did SI NOT CR at $1.30 when the share price was at a strong point a week ago if he knows no partnership is on the cards in the immediate future ?

We all know GG is hot on the tail for shares. An inhouse CR last at 94c could have put the $50,000,000 into the coffers to get us over the line.
Maybe
1/ There is another source of funding ( partner lined up)
2/ He is VERY confident of approval ( well , we have experienced that twice before) .

If not, and the share price crumbles leading up to another crisis CR — surely, reflects directly badly on the role that he holds.

1/ or 2/ better happen!!!