This is what we have been waiting for.
Capital raising and approval of lithium transaction.
They get part of 100 million in sunk capital costs and have half of 40 mt resource.
This will be a highly sought after capital raising. They must spend the capital by dec 31 and be in production by end of march 2016.
Capital raising will probably be 5 cents minimum. It should be a lot higher given we are in a lithium bull. NMt is on fire.
Ann: Notice of General Meeting/Proxy Form, page-2
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