Ann: Proposed issue of securities - RBX, page-4

I do not mind the board stumping up cash vs free shares or inflated remuneration / bonuses... although the price is at the all-time low.

The best part of the announcement today is that it confirms the company is looking for new projects - which I fully support - and will be the way forward until REE comes back in favour. I just hope they have the skill to introduce a quality project and allow existing shareholders to participate in any future discounted capital raises. With current markets there could be some decent projects out there looking for a neat and tidy ASX company like RBX to backlist into.