From the prospectus, emphasis mine:
It is proposed that the funds raised under this Entitlement Offer will, together with existing working capital, be applied for the purposes of: funding the Company’s investments in its unlisted subsidiaries and projects including, Auburn Resources Ltd, the Uganda Oil Project, Pinnacle Gold Pty Ltd, Coolgarra Minerals Pty Ltd, Hartz Rare Earths Pty Ltd and DGR Energy Pty Ltd
Does that mean they can't use the money to pump into things like ANW etc?
From the prospectus, emphasis mine: It is proposed that the...
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