So 2 weeks till d-day, I’d say less as most will make their decisions on subscribing to the CR in the next week. They’ve got 25% commitment being AB and co - gives them a couple of mill.
They either need a significant surprise to bump the SP up over the subscription price - I find this unlikely and the October sales ann was an attempt at this.. or they need to drop the price.. but even if they dropped it to 5c how many would sign up knowing most of the cash raise will go to paying interest in feb and then they’ll be handing out the cap again.. this is not going to end well IMO. They need to talk to MIN and sell down 25% of the project for $30m.
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