Ann: Funding for development of the Isabel Nickel Project-AVQ.AX, page-33

it doesn't say 32c. If you include the options at 40c with the number of options that will be exercised (and hence cash in the bank - just like a CR), then this averages the SP of the raise to 32c. Options laws tell you once they are in the money they are exercised. Its pro-rata mathematics that's all

As for Jazz and his truth bending theories - buddy boy (or girl), I couldn't give a monkey's where SP sits today, tomorrow or even a year. I held my nerve last time it dropped to 12c and topped up royally. I'll just do the same. I'm in this for the long haul. Haven't sold a single share yet. But if it drops like it did the past few months on panic selling, I will unashamedly pick up the pieces