Ann: Full Year Statutory Accounts, page-11

Very true Expandable seems like it is taking an eternity to get a lousy 10 ml .
If they are not careful they could see a SP at sub 1.3 ,then be trying to raise funds at a greater dilution.
My opinion only ,,,,,,,,
I would be introducing 450 ml shares to current holders for 2 cents each.
Then give 1 option for every 5 shares purchased exercisable at 4 cents within 2 years.
This would give us 1 bl Share s on the books.
I would then do a Consolidation of 4 to 1 not including the options.
I would then use the last SP as the rate of consolidation being 2 cents.
This would then give us a Share price of 8 cents with 250 ml share on the books and a Market cap of 20 ml
At this point the oppies are in the Money so most if not all would sell at between 7 and 9 cents x 90 ml oppies
Giving them a further 3.6 ml dollars total. 12.6 ml dollars.
This would have us in full production with a SP going north . No debt and only 340 ml shares on the books.
We would all be in a position to double our money via the options as the mine would be cash positive.
With surplus funds of around 4 ml .
Just my opinion people ,no one likes dilution but you can make it work for the rite reasons, and if what they claim is correct ,that they have a multitude of buyers waiting then what are they waiting for. And why not have the dilution in our hands. Not some Johnny come lately .