The $14.1m placement if go's ahead is in fact a CR for the company is it not.
Like 314,300,000m shares to be issued at a deemed price of 4.5c. Yes ?
Like Yibin are not buying 11% as in a minor partner to the great project at this point in time just simply investing in the company via becoming a substantial share holder,
my understanding is that correct?
You also implied the shares would be Escrow. ? Thats not correct as per the ASX announcement.
You say the C/notes are a down payment but in fact the $1m is a loan
Yes ? hence the company has to pay interest on after the 31st.
The C/notes are to be Escrow for 12 months, only voluntary though..
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