Ann: Tranche 1 Placement & Appendix 3B, page-2

so ordinary shareholders have just been shafted and diluted by 22% to raise a measly $373,790. Management should be utterly ashamed of themselves. And they think we have been blessed with a SPP, they will be lucky to get 10% take up. This is setting itself up as a lifestyle company for management. Really disappointed with all of this crap and potential lost out the window. Where's the so called immediate drilling by Resolute?? Hard to believe anything they say now and you can tell from RM Research note they were just paid to do it as they said the bare minimal, and was far from glowing.