So how are they going to fund drilling , they got $300,000 that's not going to buy a lot of drilling . But creditor's been settled with shares & how many of them are there 2 billion? What creditors wanting to be paid out of the $300,000? So what -pay for drilling out of the rights
issue ? We got to see what the uptake is on this , it's not underwritten is it ?So any roadshow promotion prior to drilling Kat Gap looks a bit stuffed at the moment . It looked like it would trade 2-3 , and rather they dumped 40 million on the buyers at 1/10 of a cent .Obviously some sellers pretty serious about getting out , possibly to lock in that tax loss .Let's see if they hit any buyers at a tenth of a cent. my guess is it will probably stop trading again. Great potential resource- just in the wrong hands.
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