I have decided to take up my entitlement and here are the reasons why.
Wannabenot is not taking his.
If i had of listened to him i would have not bought last entitlement offer at 45 cents.
The board has said it will fund us to DFS.
The board are now telling us that we can up the tons sold to market.
We have 2 shareholders on the board that own 80% of company, thy both took up their entitlement.
Only 200 million shares on offer.
$200 million to fund the project.
If the price is right our 2 top shareholders and top 20 will sell.
So, i will take up my full entitlement,17,609 shares and wait for the takeover offer.
Ann: Retail Entitlement Offer opens and dispatch of Offer Booklet, page-12
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