Can't work out how to edit posts so this is an edit of my previous, particularly regarding the Singapore-Australia ownership. On reflection, it doesn't matter where shareholders live, my point is raising $28 mill anywhere will involve huge dilution to existing shareholders. Of course, that's not my problem as I haven't yet bought any shares. It's the optimistic accounting (IMHO) which is holding me back.
Ann: Corporate and Project Update , page-42
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