"Unless they start to actually meet their targets, then... they must raise captial."
They can also sell another mine for peanuts.
That will keep the Directors well fed for another few months.
If they don't sell another mine then they'll definitely need another capital raise.
And so it goes on.
7c might be a bit high for OBM, maybe 5c is closer to the mark.
Ann: September 2021 Quarterly Activities and Cashflow Reports, page-7
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