Thanks Doc for verifying the 10:1. If they were going for 5:1 why did he not say so at the time?
Crikey its only around 5 weeks away. Morgan said also that institutional investors will be brought into the game quickly in the near future to finance JV and near prospect development. The company is going to grow very quickly. RT your tiger by the tail will be here sooner than later. !!!!
I think the whole thing will be carefully crafted in December, and as I said on a recent post the good news will be released at the same time so as to bolster the new cents per share price, and followed in January by more news. No one stands to lose as much in the share shuffling exercise as the directors do.
It shows by their intended purchase of the new equity shares that they have tremendous confidence in the Cambodian venture. I for one back them fully.
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