''The $28.3m new equity requirement can be satisfied by the...

''The $28.3m new equity requirement can be satisfied by the exercise of the current 10c options. There doesn't necessarility need to be another raise if the oppies can fulfill this.
The issue obviously remains to get their shareprice to a point that facilitates this. ''

IMO, forget those 31st July 10c options - they will expire

IMO, chances of them being in the money after todays news is greater odds then the parting of the Red Sea lol

Agree, imo this has been a good share printing business in past 12 months