Im very positive like shady, shimmer and a few of the other rubrik.
On the funding.
When and why: Our financial future at least for the next quarter or two is ensured. Infact if the options are converted which is almost a certainty at 55c
(and is a bit more than a lot of the boys and myself had to chip in not so long back with 5c ops) then its a whole lot more cash.
It means we get max bang for our jorc results as there will not be the uncertainty when new intestors, and instos look at us post jorc.
Now they will go monster jorced resource, check.
Cash check.
Im in , where do I see the cheque?
Who, well its going through what sound like an old money Jewish and very connected big hitter. This is the end of town to be in with. Just as Shaws and Roths are the brokers, we dont actually know the final holder yet, though likely to be a favoured investor with Roths. This could be a really big name. Roths itself is a big name. I had hoped for big old money U.S action like this, had even started dropping a heap of yiddish words into posts on this hope as my own little joke, but had no clues no idea and was just guessing/hoping.
Anyway this/these connections are very important and ensure or really guarantee the companies access to funding down the track.
But the final placement getter, a mystery to me. Maybe there is a clue hidden in code in the recent craptalk fun, the boys were having about S.W Football last night! Lol!
Its not much money, but enough to take away all uncertainty from our ST and probobly longer term funding needs.
Also having access to the sort of funds these guys can channel and support these guys have access to we have built an alliance that just about bullet proofs us against lowball T/O attempts.
Very important
I am very happy with this, well done Alistair and PEK management, we are now in with the major league of world finance.
Marries well with a resource in the major league of world resources.
Tretch
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