Advantages if Resolution 1 is approved x if the Tranche 3 Shares are issued the Company will receive a further $820,000. This will increase the Company’s cash backing and strengthen the Company’s ability to meet its earn in obligations under its farm in agreement with Cazaly Iron Ore Pty Ltd (Cazaly Iron)
x if the Tranche 4 Shares are issued the Company will receive a further $3,000,000. This will further increase the Company’s cash backing and greatly strengthen the Company’s ability to meet its earn in obligations under its farm in agreement with Cazaly Iron
These guys are rel serious about buying in at 20c!! We are trading at 12c think about it :-))
If these resolutions are approved = nearly $4mil for wfe (cashed up)
Great buying at these prices
WFE Price at posting:
11.2¢ Sentiment: Buy Disclosure: Held
