" First priority is preservation of equity in a high quality project "
Given the robust profit margins (as per the announcement) ausheds,wouldn't offering debentures to existing SHr's be the way to go?
No dilution to existing SHr's ,while the debentures can be redeemed when they fall due with interest.
Raider
VXL Price at posting:
11.5¢ Sentiment: None Disclosure: Held