I tend to agree with the sentiment that it's a bit uncertain what Bacchus Capital are up to.
On the plus side, the news about Antipa is still on their website. I'm thinking perhaps they are helping Antipa link into these 121 conferences in London and New York but that is only speculation on my part.
At least the latest presentation gave some timelines around drilling. From memory, the majority of the capital raising has been underwritten so I think they should be able to raise the full amount.
Ann: Extension of Closing Date for Entitlement Offer, page-9
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