so 1.2b on issue for now, should have said closer to 1.5b. If, and only if a capital raise is need it would be around 1.5b. Question is can they get the revenue quick enough to not need it. Our employment costs are very high. Im hoping they can get around it. Ive read @norvest post and my thoughts of savage CR would be realised. I hope not.
it should be noted that most of these shares to date are with management, which is great.
I have no doubt this will fly and actully hold once we are proven.
Ann: Quarterly Activity Report and Appendix 4C, page-19
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