Why do they even need this. Im no mathematician but with 19mil coming soon why the extra required funding??
On the positive though I like this comment:
"The interim funding is ahead of a proposed $18.9m capital injection
should shareholders approve the placement to National Mineral
Development Corporation Limited at an EGM on 16 December 2011.
Legacy will provide an update on the proxies received for the EGM, in
due course, but is pleased with the positive response to date."
They are pleased with the response so far, meaning that NMDC more than likely are on board with the added new office relocation the puzzle pieces are all coming together.
Why do they even need this. Im no mathematician but with 19mil...
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