Ann: Capital Raising and Project Update , page-4

definately a PR move to unsure investors however a good PR move imo.

didn't really see anything new either but did reaffirm what i had been hearing and reconfirmed where the company is at and where it is headed.

i see it as a warranted ann.

what i am looking forward to is the result of the SPP. the company stated it expectes atleast 20mil at bank after this raising however they note SDL has some 17000 shareholders. On the extreeeeemly unlikely chance everyone takes up SPP at 5k then they could raise 87mil. sure realistically we probably wont even go close but i'm guessing/hoping they could have closer to 40mil at bank as opposed to the 20.
the more the better imo.

heres hoping
Davo