SEEMS TO BE HUGE DISSATISFACTION WITH THIS CAP RAISE and BOD, page-5

Shareholders understandably frustrated.
I think also because many were hoping, as per the last CR ann, that they’d get an opportunity to participate.

But we’re one of the few Urea plays on the ASX…we have a huge competitive advantage in terms of input costs, the project is monstrous, we have the BFS due shortly, a large partner who is interested in a multiple project relationship, PPL granted, essentially a HOA on some key components which should hopefully be signed off on in the coming months + we have plenty of cash for now.

Let’s not conflate frustration over the CR with somesort or indication that the company is in dire straits.



Cheyne