Alan
Oppie holders would have the right to convert to get allocation by a certain date.
Any CR would only require $10-$15M - 1 for 10 - 13M raised
Bring in the cash of $5M conversion to add to existing balance and spin off the Minerals. Give $5m cash and raise the balance through IPO with Offtake.
Cheers
mhm exploration progress report, page-66
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