You really are scraping the Barral... You are almost entering Caesius 2.0 territory...
A recent history lesson from (August 26, 2016) as you seemed to have conveniently forgotten:
"DGR Global has elected to convert USD4,389,000 (GBP3,291,750) of the drawn facility into 54,862,500 new Ordinary Shares in the capital of the Company. Holdings in Company
DGR Global has participated in the issue of new Ordinary Shares as outlined above. The interests of DGR Global currently, and following the debt conversion under its loan facility as outlined above, are as follows:
| Column 1 | Column 2 | Column 3 | Column 4 | Column 5 |
|---|
| 1 |
Party |
Current interest in existing Ordinary Shares |
Number of new Ordinary Shares issued |
Interest in Ordinary Shares following conversion |
Interest in Ordinary Shares following conversion as a % |
|---|
| 2 | DGR Global | 152,532,214 | 54,862,500 | 207,394,714 | 16.96% |
|---|
d) the conversion to equity of the Company for USD4,389,000 of the debt funding provided by DGR Global Limited ("DGR Global") in accordance with the terms of the loan arrangements announced to the market on 1 July 2016.
All new Ordinary Shares will be issued at a price of USD$0.08 (approximately 6 pence) per share, as previously announced, and as outlined in further detail below.
Use of Proceeds
The proceeds from the capital raising will be used to continue to fund the Company's exploration of its flagship Cascabel Copper Gold Porphyry Project, for general working capital purposes and ongoing corporate costs. As previously announced, SolGold intends to contract additional drill rigs to expand exploration on the overall Cascabel concession whilst also continuing to work towards the delivery of a maiden resource at Alpala."I'll allow you to mash the buttons on your calculator until you can establish the return that little investment has provided thus far..
While you are at it, consider why DGR were in a position to make that investment... Debt to equity... I wonder if history will repeat with AJQ? Even weirder given that AJQ's CR is to finance an 'income producing asset'
I could add that DGR have continued to reinvest their OBS capital into the other children, and are fully preggas with another. I hope you like rangas!
Awwwwww.... not fair... NM... the evil underwriter... lines his pockets... again!!
If you feel this way, or ever will, please... BUY AJQ NOW!
On market.
Under NM's underwriting price.
And pleeeeeeease... spare us the retrospective whinge in x years time!
@caesius I'm not quite sure how to respond to you anymore...
Really, seriously really?
(20min delay)
