I expected this "Binding agreement" to have been finalised prior to the annoucement of the AGM, so that s/h could vote on it. However it is plainly obvious that if they raise the cash component via a placement, s/h will never vote for it. (even if they price the script at 49.5cents a share)
So it seems even more likely that they will raise the cash by doing a deal with CUS and sell off the Aust machines
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