Ann: Appendix 3B, page-2

OK so they got their $1.08m ( hopefully with minimal transaction costs to stockbrokerages). So this must stem a small worry being the fact that they must have been down to their last $100K in kitty.
So there is no immediate pressure on to proceed with the entitlement issue ..which is not underwritten and which leaves the market wondering when and how much will be raised ?
Now is the time to cancel the entitlement issue ...until clarity on he mining license and the debt providers emerges.