I forgot the 6%.
Too many kero's last night, and not enough coffee this morning.
So cost of raise is!
$150 mil X $0.004 = $600K
$600K X 0.06 (6%) = $36,000
$36,000 X 1.1 (10% gst) = $39,600
Ann: Niuminco completes $600,000 Placement, page-11
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