Ann: Equity Raising Presentation, page-31

A CR was obvious...there was a general preso on the 15 January of 30 pages and a corporate preso put out on the same date of 34 pages aimed at corporate clients...Why? Then there was a leak which they had to respond to...in my long years I have never known a ASX company to let the world know that they are in the middle of a CR
The funds they had before the CR was totally inadequate for a BFS especially an engineering type project. Finally the money raised is fast tracking the project...lead times to secure land...permitting...lead time to order supply...etc
The SP should go up as the the funds are there to fast track the project and the 15 million shares issued are a drop in the ocean to what can be achieved with the money.