Yes your correct URANIUM- i didnt even bother to read the entire thing. Capital raising it is.
Lets assume the CR is at 3c which would make sence as it represents approx less 25%
Assuming they issue 100 million shares at 3c to raise 3 million that would dilute the existing script by approx 30% so post capital raising we may be around 3c or less initially until news moves the price upwards- lots of patience required here.
Currently we have approx 289 million shares on issue
Cheers MMM
Ann: Trading Halt , page-4
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