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In december the statement was farmout will be in new year and melody loan extension is agreed etc etc what happened to both statements. The asset is getting at this rock bottom prices to pay debts. Asset dilution at this price os far far worse than asset dilution. If you assess carefully u will realise whats happening for loan you only interest but if any upside will be beneficial to current shareholders which is not visible when share capital increases. Whats happening is more than one can see easily
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