I don't think the issue price in the SPP will be lowered as it is too costly to do so. At a long shot, if it is, then my confidence in management will change, but at the moment those bullish opinions will remain.
I agree the SPP will be a fizzer if there is no positive driving news between now and then. However ,I do suspect we should get an update from the company before our cheques should be in the mail. No doubt they will try their best to get the shareprice back over 5c so investors exercise their right to participate.
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