Alternatively, the company could have announced something more representative of its previous announcements in relation to its "cornerstone shareholder" and the supposed benefits of entering into the subscription agreement with NMDC.... such as...
Utilising the significant financial resources of NMDC the Citibank line of credit has been increased to $50M (which would be a mere 25% of the previously announced line of credit that was to be implemented by Sharon and Casper the Ghost) to enable the completion of a Pre I
After3 years from telling the market that they were in advance discussions and then telling investors at the agm that it was always available when they needed it without any confirmation via ASX notice do you really believe they had a LOC arrangement in place
Would they get away with misleading investors a second time round?
Alternatively, the company could have announced something more...
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