Ann: Appendix 4D and Half-Year Financial Report to 31 Dec 2018, page-30

Very true.

Currently shareholders are diluted in their holdings by around 2% a month due to issue of shares and options.

The issued shares are now by more than 2,1 Bill shares. Rapidly increasing.

The company is in a great spot with 14 projects to potentially make money.

...but we previous shareholders know Nick.

If shareholders approve the Talico deal and the company makes $10 million profit shareholders loose half of their holdings by issuing another billion shares to Nick.

How should the options ever be in the money when the share issuing inflation is far ahead of company cash flows and profits.

Good luck to all investors. I want to see first a stop to the ongoing dilution and some traction in revenue generation before investing again.

Nick is good in promising over years but has not yet delivered anything to a lot of burned share holders.

Hmm good luck guys n girls

K