My post 18.12.2020 -"Yes, i agree !In short, current SH are...

My post 18.12.2020 -
"Yes, i agree !In short, current SH are forced to either dip more money in or face heavy dillution !Of interest will be the share price this coming week !If it does not hold the current level and drops to the entitlement price then this could turn out not so well !On market, i see no buy support at this level, support is 3.1 but then that needs to hold !"

And there we have it struggling to hold the placement levels !
The big unknown Elephant in the room besides the liabilities of $16M is the what will be the cost of the coming "project finance???
This is of concern as we know the CR and placement are fully used, but the $16M liabilities and the unknown project finance is not covered in the CR/placement !

Table showing where CR /Placement is being used -