share issue, page-25

Yeah I dunno JW?

The usual deal is reimbursement of costs to date which is in the order of $10 million spent on Seychelles give or take.

More than enough to keep the bills and wages and any other bids under control for the next year.

Far raised $15 million with barely a bump in the share price recently so not too fussed on that point.

My worry is why do we need one (CR), hence my farm out hypothetical.

Farm Out should = possible uplift in SP to get WHNO in the money ($12.5 million in the bank) + reimbursement of costs ($10+million for a grand total of $22.5 million dollars) - potentially...

But no, we are doing a CR.

I just hope this is one of a few near term announcements from Management.

Cheers