Nobody knows what the wasters strategy is .Maybe to get the stock price to 0.1 (one tenth of a cent) at June 30th , so that the 450 million shares to Sill capital can be exercized at a 20 per cent to market . This might give Sill capital a 33 per cent stake , if no individual shareholders subscribe.
Would anyone else , care to comment , as i do not pretend to understand this disaster .
What happened to the AU Resources deal for 50 million , that they don't talk about anymore
How can there be 2 separate deals? for a control of the company and it's assets.
That is , one deal for a big share issue of 450 million shares with Sill Capital and another deal with AU Resources for 50 million, that they claimed they had a signed contract for, which now looks like total BS.
Nobody knows what the wasters strategy is .Maybe to get the...
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