Three simple ideas to raise the minimum amount needed to do minimum work until a more attracted & FAIR deal can be done that shows the value of oropa PUNGKUT GOLD project:
1. Share Purchase Plan to shareholders at 2.5 cents with 1 for 2 free attaching ORPO option to raise between $500,000 to $1mil. Blackwood can underwrite if they want.
2. Directors offer to take a placement at .04 to raise $500,000, this would show there support for the company & give the market confidence, obviously for directors to take a placement this would have to get shareholder approval.
3. Simply raise only $500,000 to a broker at .02 to .03 with 1 for 2 free attaching ORPO option.
For Oropa to raise minimum $500,000 with there current advanced gold project against a gold price of $990 should be very easy, the market is all about gold at the moment & this is what OROPA shareholders ahve patiently been waiting for, directors should not be handing control over to BLACKWOOD with probaly one of the worst deals seen for a advanced gold company with a extremely tight register.
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directors scrap blackwood & raise this way
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