shortfall

Just looking at the offer document again. Looks like LOM have another 2 weeks and a day to handle the shortfall. To date they have raised $2,998,000.

If LOM Africa don't come in within the next couple of weeks it wouldn't send a very good message, but I'm still hopeful that they will jump in, the stage is set for them.

"Pursuant to the exception contained in Exception 3 of ASX Listing Rule 7.2, the Directors, as part of the Offer, reserve
the right to issue the Shortfall at their discretion within 3 months after the close of the Offer, at an issue price of not
less than 1 cent for each New Share, together with 1 free attaching New Option, comprised in the Shortfall. The
Directors will exercise this discretion in consultation with and in accordance with the directions of IOC as Lead
Manager to the Offer."