The next 12 month funding plans are outlined in the AGM. I'll...

The next 12 month funding plans are outlined in the AGM. I'll likely head down there to scope out the investor sentiment.
Effectively further funds will be raised by issuance of new shares 215M (15%), and further placement increase of 10% (i.e. 15%+10% = 25%). So this is as I understand it 25% of the shares issued at the time {there were a number of parcels issued in-lieu of services once ratified will tally up the total shares for the calculation).

So I'm currently at about ~1% holding between two portfolios, and was going to push up to 1.20% by buying up another 3M (based on 1.4B total share) or so (but still waiting for an invoice to be paid *fist shaking*).

So the conundrum is (assuming total shares is 2B), now in order to maintain my ~1% holding, i'll need to buy on market 6M (instead of 3M) over time OR risk it for a VWAP. (80%, 75% respectively) if you get an allocation etc. It is not specified when the share issues and placement will be.

Looks like taco moment, going to need to prep for both.