cathay fortune to bid again for discovery meta, page-26

I am wondering if there are some other issues to play out in this saga ?

The DML financing package according to the article in The Australian (http://www.theaustralian.com.au/business/mining-energy/cathay-revives-bid-for-discovery-metals/story-e6frg9df-1226628995276) "would include an accelerated non-renounceable entitlement offer".

How much would be raised from the entitlement offer I don't know, but isn't C F a foreign entity (domiciled in Hong Kong I think ? )so would they be eligible to participate in an entitlement offer ?

It is not uncommon for those resident outside Australia and NZ to be ineligible for entitlement offers - it has happened to me a number of times.

As for the placements, isn't there are 15% rule which prevents a company from issuing shares to the value of more than 15% of its market cap in any 12 month period unless the shareholders approve it ?

So perhaps shareholders might have the chance to vote on some aspects of the funding package ?