Dan, any progress with the T&C and having a purge on multi-identity users?
Dan,I'm sure that the ticking up and down function will be very attractive to some here...
has been attacked and abused as a deramper...some of us didn't have to wait to be told by Masoud
Oh Lordy! Razor, anyone who has suggested the strikingly obvious requirement for dilution hasbeen
Razor, but I think you will find that I have just proved that it IS a shift in position! Ahem...toot, toot! 
Razor re. "everyone should be expecting dilution and no one is hiding that fact"...interesting shift in position. Which one of the team said (and there are many quotes in this regard), "With the assets we have at Kabwe we could borrow money from anywhere against it...Stop trying to scare people with the word dilution it doesn't work anymore"?
So, in the interest of clarity razor, you are saying that ZEMA will sign off approval based on an i.o.u. from an external body, not subject to any sort of scrutiny? They won't demand to see the cash in the bank?
Why can't you be straight razor? I think that it's very likely that finance will be conditional on approval (hence the massive dilution we will see here), but ZEMA will be putting themselves in a truly precarious position by signing this off on the basis of a promise by an external party. In my experience, organisations like ZEMA want to see the bank balance (with an audit trail) and not an i.o.u. in advance of signing it off.