3's will now hold

Hi there fellow NSLers,

Nice up tend developing, I believe 3's will now hold. I am in z game of cap raising and haven't heard anything on a potential cap raising for acquisitions around town, which leads me to believe that other avenues are being pursued by the company. If that is the case I strongly believe that the consolidation will not be at these levels but more like 5c (ie 4 to 1 will give us the new 20c). At 5c the present entity will have a MC of 40 mil AUD with 3.5mil in bank. With the project value of 60mil USD (65AUD on current fx). This will also provide a fair uplift on the 20c raising for the company.

This is based on only this 1 project being in the company at the time of consolidation, if more are secured the numbers will be revised up accordingly.

Good luck to all holders, I like the story!

Just my thoughts! DYOR!