Ann: Completion of Placement & SPP Announced, page-23

I don't get it ... If predicted fcf is so good no cr has been needed. Now cr only 50% successful. No shareholder will take part of but on market is cheaper . BUT if the 5m cr money is really needed and SPP will end without success.. Everybody can imagine what the sp will do.. Gold up and many miners too but here we do the opposite. Very weak strategic action from management and very disappointing. If things get worse.. next announcement is repayment schedule changed again and we will see max perhaps 16c in 2019 of gold hits 1350. But first of SPP failed and no needed money added to bank sp will go down at least to 8c... Too negative ? Merry Christmas