They currently have 172m shares on issue so that is upto an additional 28m shares, well short of 40% dilution. My personal belief is the potential 28m additional shares would be for working capital to pay wages while they get the plant built.
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6 | 9095 | 4.250 |
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5 | 8937 | 4.230 |
Price($) | Vol. | No. |
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