If someone could let me know the correct meaning of my thought...

If someone could let me know the correct meaning of my thought to below please?

I'm thinking that if resolution 8 is best If the 15 day vwrap Is kept low then the motherload announcement can be made late tomorrow before agm to not increase the sp and give out the placement at a bargain price to mates and buddies that have helped along the way to make us all rich?

Or doesn't it matter as the higher the vwrap the more dollars on deck to spend?

Just being my suspicious self wondering (dreaming) that they know what they have found and want to keep it quiet just for a few more days....

AGM this Friday I think...


RESOLUTION 8 share placement

To consider, and if thought fit, pass with or without amendment the following resolution as a special resolution:

“THAT for the purposes of ASX Listing Rule 7.1A, shareholders approve the Company having the capacity to issue fully paid ordinary shares in the capital of the Company up to the maximum number permitted under ASX Listing Rule 7.1A.2 at an issue price which is not less than 75% of the volume weighted average market (closing) price of the Company’s ordinary shares calculated over the last fifteen (15) days on which trades of the Company’s ordinary shares were recorded on ASX immediately before the date on which the issue price is agreed or the date the issue is made as described in the Explanatory Memorandum which accompanied and forms part of this Notice of Annual General Meeting.


Gltayfellowmpj$clubpartygoers