Mmm but got to remember it's a payday and grab & run for 2/3 of the existing Coolabah board who don't get any oppies other than a small amount attaching to their CN redemption.
Walsh and Slattery have obviously done a tremendous amount of work and dedicated a few years getting here.
It doesn't make sense that the outgoing directors will sign off on something jeopardising their payday nor the BHM founders diluting unnecessarily. I therefore believe whatever they are planning is a legitimate belief it's in the interest of shareholders. Just need those details!
Ann: Exceptional Ag-Pb-Zn Intercepts from Drilling at Pinnacles, page-8
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