heres the private and confidential term sheet , page-56

xolstis

with you on this one, when I first brought into this stock there was always a 68% chance my shares could drop to a bare minimum of the cash backing of 14.8c at the time, now that risk has been reduced to 19.25c, 4.45 cents difference

with a 32% chance of hitting gas that small discount of the capitial raising wont even be noticed if it happens because the share price will be in the multiples, but knowing it can only fall to 19.25c is insurance for me without costing me a cracker