Let's get this thread back onto PatientMan topic.
I'm "concerned" that he's done the 60/40 Equity Figure at current price. That would be a disaster imo, the dilution. Such a Raising could not be on a Rights Basis for all shareholders. For one thing I doubt the Directors have access to that much spare cash to maintain their holding %.
Note that the Market Cap increases to $70mil BUT the sp doesn't rise just the shares on Register factor to achieve this.
This actually {names little] could be a "down ramping" ploy. Ohh final finance approval is months away, be patient, remember Warren bleeding Buffett maxim blah blah bloody Fundamental BLAH!
Wazza Buff wouldn't touch an ASX or Anywhere Mining Stock.
Names it's imperative that the patient don't promulgate a 3/6 month til final finance approval.
Get on to that not this jack sheet.
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