The 5 mill raise was for strategic review and working capital.
IMO there will be another raise for the BFS pivot to 5-10MT to finish the amended BFS
so when you add it all up is going to be 50-70 million going from a 20MT option down to a 5-10MT option which was already done in the PFS
the question is where is all this money going?
Ann: Becoming a substantial holder, page-11
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