Ann: $24M Placement and $5 Entitlement Issue, page-89

Agreed. Baz was in over his head regarding financing Nifty which we all know with the benefit of hindsight.
As bitter as it is with the timing and eventuality of our position I don't see any malign intent.
Although fair to say he owes us all a few rounds off the top shelf.
Intersting IGO hasn't lifted a finger as far as we know regarding our JV.
They had to spend a certain amount in 1st three years by memory. Wonder if we had a penalty clause in there.
They are market takers not market makers.
Traded the stock IGO took profit and felt good.