I wouldn't be banking on an SPP.
There's been no mention of one in the CR announcement and the latest presentation released today speaks of the placement but no mention of an SPP.
the fact that they don't have any further capacity to issue shares until the EGM would make it hard to issue an SPP until late Jan at the earliest.
Ann: Noble Helium raises $14m for Mbelele Appraisal & Testing, page-24
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