Ann: Completion of fully underwritten $90 million equity raising, page-78

Institutional investors had to pay 13.5 cents, that is true, however, I suspect not all the existing institutional investors did. Hence the need for new institutional and sophisticated investigated, that is, new fresh meat.

As others have said, there is no guarantee that the AUSC will be between $1750-$1950. If it isn't then management will simply say that tight labour markets and inflationary pressures have caused the problem. They will most likely say, to keep shareholders happy, inflation has peaked and tight labour markets easing. Then shareholders will await the next quarterly.

there will always be excuses for not hitting targets and they will never be held to account.

Quite frankly, IMHO, if the AISC FALLS WITHIN THEIR QUITED RANGE, I will be flabbergasted. Pity no betting agency is offering odds.