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Howezap, likely I have been laughed at but not with a prediction of 10mt :-)
I think it was one of the newer folks who came in strong with the big predictions, I kind of remember it as well, it was before Ascot was found so that's why it seemed laughable.
Let's not forget Mf has a higher power to answer to here and that's his wife :) I would not fancy diluting my wife's shareholding lol
Of all the different types of placings we have seen, no one is really going to care about one that bridges a gap to finance leading to much increased market cap. In fact if the share price has dwindled just because there might be a placing I would be inclined to just push a small one through just to stop all the chatter. Get it over and done with so we can move forward with the good news to come.
Steve, I guess a 50 50 split in terms of dividends and shares is the fairest option for tax liabilities as some shareholders will have used their isa and others won't. I assume shares gives a level of control in terms of when to sell them that just being given a dividend doesn't?
Colin danced around the missing assays a bit, did anyone hear anything I may have missed ? I heard the drillers are back at it, and I think he said all assays back by April, but didn't give anything away re batching or delays etc.
I love that the incentive scheme has so clearly aligned the company objectives with returning value to shareholders. Release value for Bushranger asap and not keep drilling into infinity as so many other companies do to keep BOD in well paid jobs. Sadly that means we don't get to see the true scale of footrot and Ascot. A net smelter royalty would be a nice way to tie in with any future upside ?