impact of today's placement announcement, page-16

The good: debt half paid, increase production capacity, increase drilling-discovery potential, increase financial stability, decrease time to pay remaining debt, decrease time to pay out first dividend, oversubscribed, 5mill operating capital, could be last cr for many years (??), confidence shown by (another) Big insto

The bad, more dilution, current holders not offered any right

I'm in, sold 2 other positions thus AM, good outcome.