Undervalued, page-57

What do you make of this, Bungy, from the May 25th Mothae Funding announcement?

'A $9.2 million underwriting agreement with Westar Capital Limited (“Westar”) for the 46.2 million listed A$0.20 options due to expire on 30 September 2017 (“LOMOA”). Westar will earn a 5% underwriting fee, due at the LOMOA option expiry date, and a 1% management fee, due on signing. Westar’s sub-underwriting agreements were supported by Lucapa’s two largest share and option holders.'

Looks to me like Carrington has a contractual obligation here.

B22.