"The Company expects to raise up to $3 million (which may be supplemented if further assets are identified for acquisition) to both meet the requirements of Chapters 1 and 2 of the Listing Rules and to fund further feasibility studies and drilling and will lodge a Prospectus in respect to this raising. Eligible Shareholders will be provided a Priority Offer in respect to the raising and existing Option Holders who will have no inherent right to participate in the Priority Offer will be notified of the raising and given time to exercise their options if they so choose. "
it looks like the proposed CR would be done at post-consolidation basis.
share on issue after 100m shares issued ROB: 556,146,743 ROBO: 282,320,229 other op: 25,920,583
ROB Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held