Great news very little diluition, page-11

Looking at the facts of todays news


IMO,

Not being negative just wanting to justify the reasoning behind accepting this proposal

For a $25m U.S loan

They are paying 10% interest pa

A 2% establishment fee

$5m U.S in equity at lowest price as per conditions - lower price falls more share they get

333m - 10 options

And this is all subject to hitting the market for $28.3m - which if price falls could exceed another 500m shares easily - price now 5.8c

How is this a fair deal - considering the company has ticked all the boxes

Open discussions only helps shareholders protect their hard-earned

DYOR