if the CR only raises the minimum, then funds won't last long, unless finance of some sort arrives in the interim or we sell some stockpile which is probably why we are having a CR now( they can't sell any) What's left then another CR ? probably wouldn't get anyone to underwrite it anyway.
Bullswool may be correct if we are going to survive beyond that point, we would probably need to consolidate, if the share price has dropped to 0.2cents a 100:1 consolidation brings us to 20cents a share, then we have another CR at 0.17cents maybe with a few more free oppies. Then we will only have a small number of shares on issue initially and the share raise will be oversubscribed by newcomers riding the new lithium wave.
Joe and Co can then claim performance rights, and royalties from his book sales. like "So you want to make Lithium hydroxide from Lepidolite and your not a member of the CCP" or "how to mine in Namibia if you only own a mobile phone". or an oldy but a goodie, "How to remain on the cusp of finance even after10 years of due diligence"
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