Agree with what you've said. Also had a chat with the broker.
Looks like $1-1.5M raised through the broker and then up to $2M through a SPP to existing holders.
Would have preferred a smaller raise but given the longer timeline to get an arbitration decision than anticipated (November now), I guess there was no other choice unless we put everything on pause for a few months. At least this way we maintain momentum on drilling the copper also. I'm taking a fair chunk in this raise and will bid maximum on the SPP also. Hard not to with the options included.
Ann: Trading Halt, page-32
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.986M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $13.90K | 3.615M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 38594234 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6099789 | 8 |
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| AAU (ASX) Chart |