AJQ 0.00% 10.0¢ armour energy limited

Ann: Binding Term Sheet Executed for Farm-in by Santos, page-60

  1. 1,984 Posts.
    lightbulb Created with Sketch. 158
    That works out about right (the 1:5 SPP)
    Currently we have 509 M shares
    Add the Insto placement 80 M = 589 M
    Proposed Entitlement Offer @ 1:5 = 118 M
    Presentation stated hopefully $6 M raised
    118 M @ 0.05 = $5.89 M which is close enough
 
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