Current shares on issue circa 4bil, plus 9.8bil to be issued if...

Current shares on issue circa 4bil, plus 9.8bil to be issued if 98mil goes through and all the other tidbit raising shares we would have around 14bil shares on the register. A huge amount of shares to churn through, even though majority shares would be in escrow for 12 months, they still count towards a fully diluted MC, which if we worked out the MC fully diluted at 1c raising price...We would have an MC around $140mil.

That seems a lot however if we have huge cash backing plus some real direction (honestly have no idea what these guys actually have on the table- oakajee mentioned? Still dunno what the logistics will be?) we could easily see an MC of 250-500mil if there is something solid, which would put us between 2c-4c.

I for one would be more than happy with that after such a long wait! My average is 0.007 so going from a throw away stock to a 5 bagger would suit me just fine.