Ann: Appendix 3B, page-8

  1. 9,032 Posts.
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    crapola alright, and at 0.006! Back we go. Even in Empires last update they quoted a worst case dilution scenario but at 0.008. As I pointed out at the time they hadn't factored in the VWAP , 90% conditions. That's a big 25% discount to 0.008. And what's all this rubbish,

    "The Company is continually monitoring its cashflow requirements and in the coming weeks, the Company may consider suitable additional funding arrangements."

    Only last week Zeff was sprouting cash flow positive on his fire side chat with BRR. Why then do we need further funding arrangements? Additional at that! Lost patience with this lot I'm afraid. IMO of course.
 
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