HHR 14.3% 0.6¢ hartshead resources nl

There is life in oil & gas specs, page-18

  1. 2,672 Posts.
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    It's pretty normal to approve potential CR's at AGMs. A 10% raise isn't much all things considered, especially in the lead up to a drill. From memory PCL raised 50% in the lead up to mbawa which was far more substantial and it didn't effect things too much. Tbh I'm pretty heavily in here and don't need an SPP personally, not this close to drilling. I like my main parcel to be in the 12 month cap gains reduction window by spud. It would be different if they had a bloated registry but really PVD have got this drill up so quickly in comparison to others that even with another 10% it's still far, far less dilution than normal. When I first bought in not long after they listed I assumed they would be far more diluted in all my sums when I projected forward. It's a pleasant change to not have to wait 5 years and another 500M shares on issue to get to the big drill
 
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