From the December 22 announcement:
"In addition, the Company has received a number of proposals to provide funding for the
development of the Big River Project. These proposals range from joint venture arrangements
with Company?s active in the play, private funding from United States based groups looking to
participate in the play, to offers of direct equity in the Company from US and UK based
investors. The Company is currently considering all of these proposals.
In the interim the Company has raised A$5.0 million (before costs) from overseas and domestic
professional and institutional investors via an issue of converting notes. The issue closed
oversubscribed."
Which of the above will it be I wonder? And will we humble shareholders be ofered some crumbs from the table?
Anyone care to speculate?
From the December 22 announcement:"In addition, the Company has...
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