RE: ROCK AND A HARD PLACE2 Nov 2018 11:34
No, no, no. Who decides that? I really don’t see why we are held at the mercy of these muppets. If the fundraise needs to happen, CH needs to come up with the following-
1. Forecast of running costs for next year
2. Income projection for next year
3. Costs for the proposed action wrt permits
4. Safety factor for additional funds
Sum of the above gives us the find rajse required.
Then mechanism, choose not PB this time, but discounted shares to existing holders.
FFS why can’t CH just present his business case like that it’s transparent and the fund raise is limited rather than free reign. Imho.