Hafnium said [I think you are lying about the several hundreds of millions figure. Can you point to any evidence that justifies that figure? ] I have been on HC many years and do not recall being accused of lying. Anyway the total dollars burnt by GDY is $349.87 Million - does that qualify as "several hundreds of millions" hafta be near a $Bn now in 2022 $Kangas. PS: I think SPP = share purchase plan or similar PPS: I missed this about Origin paying for a slice - I just checked the 2008 GDY Annual Report - from page 8 "Origin paid $105.6 millionfor the interest and continues to contribute 30%of ongoing project costs and provide technical support." PPPS: The entry in my screen save list "11/02/2008 Geodynamics completes $37.4 million capital raising " The AnnRep says that was from option holders exercising share options. PPPPS: I missed these raisings too from page 8 of the 2008 AnnRep "Sentient Group and Sunsuper together took a placement of 25 million shares at $1.50,corresponding to the Share Purchase Plan conditions, this raising $37.5 million. More recently, the Company has announced that the TATA Power has taken a placement of 11.4 percent of Geodynamics issued shares also at a price of $1.50, for a total of $41.1 million"
That increases the total total dollars burnt by GDY is $534.07 Million - does that qualify as "several hundreds of millions"
If I combed all the Ann Reports I might find more $Kangas that I have missed.
