Beautiful, cap raise at a premium. Also I think if the full $9.8 mill goes through, coupled hopefully with Killanoola soon to come online, we won't need to see another cap raise for a fair while. The other good thing is that these shares are going to someone who we know wont be keen to sell.
Not real keen on the 75 mill options but I guess they needed some sweetener (and they are at 40c).
nappamerri trough alliance with beach energy , page-5
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