I was expecting 9-11c, so no surprises for me. Hopefully there...

I was expecting 9-11c, so no surprises for me. Hopefully there will now be enough cash to move the project forward somewhat, get some share price appreciation, then have another CR at a higher level which will allow us to complete the BFS. Opening up the CR to retail holders might have been considered though, even as a gesture with not a huge amount of shares being allocated.

Delays of 6 months was expected, you can't have a hiccup like this and not expect delays. It's up to management now to prove their worth and get this project back on track.

I'm happy to see a committee of Independent Directors has been formed to investigate the actions of the underwriter. Maybe they could find a supportive cornerstone investor to take the Malaysian's holdings off his hands. I doubt anyone wants him around now.