ORP 10.3% 3.5¢ orpheus uranium limited

share purchase plan offer, page-15

  1. 1,412 Posts.
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    Easily missed in a frantic effort to understand their reasoning I would say. :-P :-)

    The more I read the more I am thinking that the full $2 million hasn't been achieved.

    Call me a cynic but it surely can't be out of the goodness of their own heart that they give an opportunity like this to all the long term loyal shareholders. :-P :-)

    I think the question is important or at least the answer is important because if the full $2 million wasn't raised then that means that interest payments on convertible notes will be lower and the original dilution that was going to happen id the notes were converted to shares...ISN'T going to happen. That can only be a good thing as it means this SPPO won't dilute us any more than what we were already primed for.

    Make sense? It does to me. :-P :-)

    Cheers
    GazzaT
 
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