"The Company is very pleased with the strong demand received...

"The Company is very pleased with the strong demand received from Australian, European and South African institutional and sophisticated investors.

What a load of rubbish. They had top drop to .005c before these merry bunch of cut throats were interested."

Speaking of which...

"Patersons Securities Limited have been appointed Corporate Adviser"

Can't wait to see who the  underwriter  and sub-underwriter is. I have my suspicions. PP???

Can't wait to see this  Prospectus.

Isn't 6% Okaps normal fee for a raising??
There will be a boat load of free attached options as well.

7.76B shares

One last feed at the trough.

Dump what you have on them. Let them get stuck in their own sh....................... because consolidation number two wont be far away.

Have a look at KAB. Same old same old.