Management is listing previous capital raising as needed to among others progress Plumridge Nickel Project ie airborne EM survey, from how I read the last announcement this & all other exploration at Plumridge is being carried out by MMG. Consolidation is probably practical but are wary of ratifying the past share issues as provides easy access to management to have New CR starting the merry go round again ending back where we started. Management IMO are not earning their generous remuneration packages.
All in my opinion only.
Ann: Segue to Undertake 1 for 35 Share Consolidation, page-14
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