Not going to post the entire thread, but it looks like
The Directors have determined that the Shortfall Placement will be limited to 318,452,166 New
Shares and 127,380,866 attaching New Options in order to comply with the rules of the New York Stock Exchange. Accordingly, in the event that the aggregate of the Shortfall applications exceeds
this maximum, the Directors reserve the right to allot to applicants a lesser number of New Shares
and attaching New Options than the number applied for or none at all. In that event, excess
application monies (without interest) will be refunded by the Company in accordance with the
provisions of the Corporations Act
The table in section 9.4 is
replaced with the following table:
Legal and accounting fees
Corporate advisory fees*
Printing and other costs
Sounds like the directors have it correct, printing more shares can hardly hurt. The need is for positive exporation results and time bought anyway possible is the only way.
If us bulls grab our clubs and meet at the bear cave we have a real chance to get some.
Unless the bear is gone, pray not, as the sight of all us bulls turning on each other with those clubs , well that would be just too much.