In one of the interviews, it was pretty clear that MKR were intending to go for more like double the amount at IPO but were dissuaded from that course due to the financial/C-19 situation. It seemed they have a lot more exploration in mind. So I expect that they are very open to another raise if deemed necessary further along. Depending on the price at the time I may be that a raise will be .50+ rather than .20 as at IPO, so less dilution.
It was also evident that if Mt. Boppy proves to have further ore that warrants processing, Toll treatment in the Coburg region was a possibility.
Ann: Initial Depth Extension Drilling at Mt Boppy pit, page-71
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