I expect they will be able to raise at 0.003 however I would expect that it will come one for one with an option. so I would expect those that participate will flog the head and hold the option as free carry. That is the good news. Bad news is we will have to churn through some serious shares before heads will move. The only we we will get movement is to drill and get results.
Ann: Half Yearly Report and Accounts, page-11
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