clear no one here is in favour of this deal & I strongly recommend investors contact oropa & let them know, misha & karel hold enough to block this deal going through, im amazed they would even allow it, all it does is dulute there stock & just as gold is ready for $1000+ & the whole sector is ready for a significant rerating, to buy 100mil shares in oropa on market is impossible, so directors go & do this, as you said OLY blackwood are laughing at the deal they have done & have made management look completely incompitent in attracting real interest, another lot of shares at 1.3! with options! notes at .02!, 6% commision fee!, another set of free options for commision!
Whats going through these directors heads to sign up such a pathetic deal, maybe if they held stock (except misha) they would actually have some regard for there investors.
As said previously raise $500,000 at .02 & wait it out until a better deal can be done at a higher level that shows the real value of Pungkut. Better minimum work being done then diluting the potential out of oropa.
Brakar as you said we will likely see no significant movement in sp until the meeting takes place & yes blackwood are obviously the cappers.
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