"Raising a few million should not really be an issue"
they are trying to get Locke to stump up around $30m AUD - there isn't much interest here to buy stock now currently for sale at 35c ( off market ) - the pricing of the Acuity deal would be a fraction of the last traded price if it starts trading again before delisting.
Chances of having a mining licence issued prior to the delisting date is almost zero in my opinion.
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