KRR stock price, page-12

@AlexanderJ

Just by way of clarity with regards use of the SPP funds, from the prospectus

Funds available $
Existing funds $565,000
Funds raised under the SPP Offer at full subscription1 $8,241,014
Total $8,806,014

Use of Funds

Completion of Prefeasibility Study on Speewah Specialty Metals Project2 $148,000
Loan repayment3 $500,000
Definitive Feasibility Study work on the Speewah Specialty Metals Project $3,750,000
Exploration and drilling programme at Mt Remarkable Project $2,500,000
Exploration and drilling programme at Tennant Creek Project $1,000,000
General working capital4 $878,014
Expenses of the SPP Offer under this Prospectus $30,000

Total $8,806,014

Sorry for the crap layout as it did not copy well from the prospectus.

In addition we would have an extra $2,000,000 from the earlier Soph investment, is this correct?

So plenty of money for the drilling @ Mt Remarkable and Tennant Creek but more importantly the DFS should be fully funded.

Regards

Rayda