Tryingto get my head around rejection of the Billis funding.
BillisFunding
$4.2m - 100% certain
Placementat .8 cps to raise $1.7 m – 33% premium to recent placement
$2.6m underwriting with no underwriting fee
Giovinazzo's "GPR" funding
$0.7m but highly uncertain
Conclusion– Billis funding 6 times as much as Giovinazzo's "GPR" funding and far more certain
BillisBoard
Billisone of Australia’s best prospectors with multiple large discoveries to his name
CurrentBoard
Has any of them ever made a discovery?
Questionfor Rimfire Board – if the Billis Funding was not in the best interests ofshareholders, why don't you tell the shareholders why?
