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Ann: Exercise of 85 million warrants and Appendix 3B, page-2

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  1. 29 Posts.
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    Move along - nothing to see here? Or is this just kicking the can down the road a bit further? I suppose it is a non-dilutionary funding arrangement of sorts, but something doesn't smell right about this. OCP want to be out by December 2020 (?), but I get the feeling that shareholders will be asked to approve another warrant issue in due course, so that if progress is slower than anticipated, the can will get another kick. The shiny shovel (the ones politicians use to turn the first sod) looks like staying in storage until 2021. GLTAH
 
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