thanks for your reply's mr fin, nector and wardy
nector and mr fin i have read all documentation and i really hope that you are correct. but I was at the EGM on the 1st of june when management refused to rule out the possibility of the placement been made if the sp picked up. My understanding is the same as wardy. as the placement has been approved it can still be used at a price of 30cents. I also was not at the AGM on the 18th of july and would be interested to know if this was discussed.
Cannot stress enough how happy i would be to have misunderstood the situation here. i like you would love this stock to take off as it should hence my concern.
could you guys or anyone provide some further insight into this query, been;
Can management (as the placement has been approved) reopen the spp at 30 cents when they see fit?
If they can this then my original point stands, its bad for sp. if they cant then absolutely fantastic, we'll just sit back and watch it rocket after the resource upgrade and drill results.
thanks for your input, look forward to some (hopefully) positive feedback.
regards Kingsley
thanks for your reply's mr fin, nector and wardy nector and mr...
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