Ann: Gulf Secures A$10.8M Cornerstone Investment, page-33

Just remember we are startup company... Most important things needed is FUND and connections.
So dilution is not avoidable. But this is way better than CR someone mention.

With this LOCAL ci it will brings both that needed.

Also current SP not included with DSO.... with new board connection DSO is 1 more step closer.
Future sp is what you should considered.

BTW this deal is also subject to SH approval so vote as you think it is good for you