Compulsory acquisition requires 95% But yes, someone could get a...

Compulsory acquisition requires 95%
But yes, someone could get a big chunk if they were wanting to get on board - either on or off market.
I think this is the reason Tom has tried to maintain a major interest and why all previous CR have been very modest. The raising at 50c last September was their largest and what has provided the current funds for drilling. It was a fantastic result imo as it was done at the highs and minimised the amount of shares that had to be issued. Assuming nothing happens between now and Dec 'corporately' a future CR could be again be conducted at very reasonable ratios, again minimising dilution whist providing significant funds to further the project.
I guess we just have to wait and see what unfolds.
Have a great day.