Every 100 shares become 14 shares post consolidation which equates to a share price of .017 * 100 / 14 = .1214, or about 12c per share. The raising at 10c is only 20% below the current share price. You get one of Australia’s largest, highest grade, undeveloped PGM deposits plus plenty of cash for further exploration and resource definition. At the moment RMP has got nothing but some money in the bank. This looks like a positive move forward to me.
Ann: Prospectus, page-4
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