Just a different point of view.
The top 20 shareholders have 89 mio shares.
The top 10 shareholders have 80 mio approx.
Surly the company have canvassed them to see if they would take up full entitlment or additional oversubscription amount. 80 mio at 35c = $28 mio, which leaves only $7mio to be filled to reach $35 mio minimum from oversubscriptions or other shareholders.All of course depends on what the gold price and what the market are doing at that time.
ann out rights issue to recommence prod , page-56
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