1. This convertible note issue is a gift which should have been offered to existing shareholders first. Also, why cancel the $100 million credit line which could have offset part of the raising. Am I missing something or is the Board lacking in financial ability?
2. I note we are also proceeding with doubling the Mt Weld processing output-The Malaysian plant cannot cope with the extra output-is there a market for it? & why are we spending money from a mates rate capital raising on it?
1. This convertible note issue is a gift which should have been...
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