New shares Allotted 14th March. Dilution effective @ 15th - next...

New shares Allotted 14th March.
Dilution effective @ 15th - next Friday.
Seems logically the SP will settle @ whatever the dilution % equates to - taking into consideration short term fluctuation & market factorisation.

@$5mill = @ 50 mill units = @ 10% = 1c = 9 cents.

That's just for the dilutive effect without consideration to potential CR funds either way such as further raising req'd which for mine says 6c tops to ALL time lows that scenario plays out, or 10 cents if sentiment is there.

-not taking into consideration production during March quarter nor the ability to repay Investec in part or full.

8 c for me is @ it
here's to hoping


Gold Goes!