AUZ 12.5% 0.7¢ australian mines limited

Can someone help with this pls? Dilution is becoming an issue -...

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    Can someone help with this pls? Dilution is becoming an issue - even if the BFS values us at say $600 million... say 20c right now. 

    If we get loans for 750mill, the other ~400mill would be shares? 

    If we are still worth $600mill, fully diluted that would end up back to ~5c?? Where is the upside for current holders?

    sorry if someone has already addressed this but too many posts on other threads. Thanks. 
 
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