a couple of updates..... @Jako64 will mention them again later....
DUO....consolidation done, now 386mill on issue, last price .007, MC of 2.7 mill, has cash of around 1.5 mill.
Shortfall has been confirmed as allocated, and word from management is the placement is sorted.....by that i would say the clients are lined up, just awaiting settlement price........next week will be the vwap period........
The panelbeating is now done, so DUO is "in play"
BMG......announced the appointment of a review and an advisor, Linq Capital....run by Clive Donner, an established resource investor....used to run the Five Arrows Trust and the Linq Resource Fund (LRF...since taken over)
well worth watching to see what Clive brings to the table !
disclosure.....i hold both
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