Ann: Prospectus for Non-Renounceable Pro-Rata Rights Issue, page-15

MR isn’t buying on market as it won’t help the company
It Will take the Downward pressure of the share
But the money will go to the long suffering
SH and the company will be insolvent
The SH isn’t MRs priority

AMN took $10 for DFS studies
KLL $14 for the study and early works

I would think MR is going to be the only significant contributor so $3 million
Will be the best one could hope for
Already a $1 000000 in the hole
So not much is going to happen with the rest
It won’t Evan get a Reserve with that amount and no finance company is going to look at it

This is merely a respirator for a company in life support
I would be very cautious about investing anything significant
It is a bet but that is it

When this was a one horse race RWD had a chance
There is only room for one in this sector