Ann: US$23 Million Capital Raising, page-8

At a glance expect over 500m extra shares on issue when all done and dusted. Big dilution to existing shareholders. Agree with JID, Sprott demands were not met so they have walked despite the spin put out by BDR. Sprott are not as stupid as the new patsies that have come on board. At least the new patsies have said that you're not getting Tranche 2 unless things are going well enough.

This BDR slow train wreck is better than a good book. What will the next chapter bring?