Ann: Underwritten $22M Capital Raising, page-45

9.7 of the 22 mill to pay for indee by the august extension date.

the rest to pay brokers and keep the salaries paid
might drill a hole or 2 guess they need somewhere to locate the portapotty on site. The footnotes basically say apart from the indee payment they can do whatever they want with funds regardless of the statements made in the announcement. Must be more moose pasture somewhere in the pilbara that needs a new home in a listed structure.

Shame I didn’t research Lill’s background a little more throughly before moving some ARV profits here.