I think that's a good point Q.
When everything is converted it may well be over 20m mc.
But the Most important point is that it has up to 3.5 months to go for that to happen.
In 3.5 months, many things can happen, dd would have been completed either way good or bad, atleast possible new investments would have been announced, high or low quality samples of lithium results can surface, even the start of another cr to fund the 4.5m can even start.
(If) all goes well, the mc could be well into +50/60m mc by then. By that time, the difference between 60m or 69m mc. Is it anything, really?
Im just going off the posts here, happy to be corrected if im wrong
Ann: Argosy Raises $800,000 to Advance Projects-AGY.AX, page-41
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