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Ann: Share Purchase Plan Offer Document Despatch, page-43

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Smithfield

189 Posts.

15

18/12/20

06:55

Post #: 49668142
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Originally posted by pablo2: ↑

Yep, the sooner this SPP is out of the way the better, warrants attached would have made the whole thing so much better, quicker and generate future funds as well but....not to be.

Surely any loyal shareholders should be taking up the offer against perhaps getting, perhaps, the tiniest better deal on market after dealing costs which are zero in the SPP.

No worries, sp will take off again when the SPP closes which could be anyday of course.

Speculator - good point about those 4m Net Smelter Return shares issued as payment. Perhaps they've all been sold and, if they haven't, I don't think they'd fancy selling now under the value they were given as payment at, in lieu of cash

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Perhaps they were looking for quick cash rather than wait for a royalty fee. who knows. The money had to be raised, i think we are funded up including some exploration. I am suprised its this low tbh.

CAI Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
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