"THIS IS why it was not extended to retail was for this reason alone."
There must be another reason, not just the above as you state.
The other reason it must have been CRITICAL to have "institutions sophisticated investors" on the registry at the discounted 13 cps)
because it gives management further position of strength.
It's not like Nigel, was serious when he clearly stated IF there was to be a CR, it WOULD be at an SP higher than where we are now (statement made when SP was 18.5cps), now is it?
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Ann: JORC Ore Reserves increase at Roche Dure, page-143
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