3-1 or 5-1 rollback more likely (if at all) as I believe that Dundee will want another private placement first.

No reason for 10-1 despite this ratio appearing to be the most common guess.

If the can get the price up to $.025 - $0.35 first (with the 650m FD share count), a 5-1 (and possibly a 3-1) will provide a $1.00+ share price which I believe is the primary objective in order to take them out of penny status without having to incur a potentially punititve 10-1 rollback (as I believe that Dundee and Sheldon/Pinetree do not favour a 10-1, or it would have occurred already).