Cheers for the reply.
I'm a bit short of time for now but I think I know what you're referring to.
The CR question is really about the need to fund day to day operations and the ability of the company to do so with or without a CR. The company says this is not required. And this has been said many times in webinars.
There is also commentary around the possibility a CR (dilution of shareholders equity) for the purpose of attracting/engaging an investor to fund the expansion of the business, likely to be the Agri DW IMO. A CR for this expansion has always been on the agenda and I think this is what you are referring to with the change of language.
I'm not sure if you are familiar with the previous CR of $21m which was a couple of years ago now. Some would say it was used to build the business. I believe the CR you are referring to is the next instalment of business building capital. which might remove first loss constraints going forward.
In any event we are all going to see very soon just what the reality is.
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