Mr Poon, Pak and Ip want your shares for 0.35 A$ ?, page-13

Miningnut above:
"The underwriting agreement cannot be signed before HK Ex gives Dragon permission to list."
-Good point, then apparently millie34au was wrong about this.  Quite unusual..
But possibly they have a letter of intent or other kind of pre-contract?

"I wouldn't expect the underwriter's commission would be greater than 5% of the $A17.5mil(so $875k). The sponsor would have to update the prospectus to a final version also(let's say $500k) so I would expect DRA to collect around $A16mil net from the HK share allotment when the funds become available.
Again some  95%+ of the development cost for both Faboliden and Kaapelinkulma has already been paid out and reflected in the Company's current net debt position. If the new development at Orivesi goes ahead then the Company will have adequate funds available to finance that."

-That is interesting. When share price is between 17-23 cents, who would underwrite the
emission with price of 35 cents just for  5%, when there is obvious 50% or larger risk???
That would also mean, that underwriter may need to sell already for 33.25 A cents to get even

-Based on the Dragon´s annual meeting info the
major part of the possible 17,5 million A$ HK share issue would go to
underwriting and other costs leaving possibly about 10 million.
See table page 8/13 https://hotcopper.com.au/threads/ann-notice-of-annual-general-meeting-proxy-form.4149553/
"Costs of Delisting, Public Offer and Listing, including underwriting costs and all other associated fees and disbursements"  
-Are earlier listing attempts included in the cost or not, that would be interesting?
-9 million is aimed for mostly Fäboliden development. There is obvious priority for Fäboliden, if there is not enough money, and/or permit issues the Finnish projects would
- Based on the application proofs there are major development costs for Kaapelinkulma and Fäboliden,
95% already paid would be really optimistic
-In Fäboliden apparently there has not been even done the development of the test mining and even the environmental permit application has not been filed (though it was due in Q2 2018)