betting time, page-44

Sept quarterly is due today. 12 mths to the day we came out of suspension after a placement was finalised.
WM has managed the placement process well. Strengthen register, buyback, roadshow, commence project development, with a series of placements as required. Even the company shipping the plant want shares instead of cash.
Puts him in a very strong position with what should be the final placement. Suspension may be ongoing as we know he won't bend during these negotiations. If new stakeholders are introduced and this is the last issue, then anyone wanting more shares have no choice but to buy on-market.
Looked at the the PFS for RXm today and shuddered...$900M capital outlay required...$100M on pre-strip and mining infrastructure alone.