page 41, note 9(ii) of the last annual report states this option conversion comes at a cost of $1 million
very cheeky to leave this out of the announcement
correct me if I am wrong, and if not, I smell another capital raising coming.
Note that if you are basing your calculation of cash burn based on the quarterly report disclosure that this assumes a constant rate of cash burn when forward looking
Ann: Exercise of Option Consolidates Ownership of Illaara, page-6
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