@valvesound I think you are right ,they will want to see the options exercised to bring the cash rather than do a raising .For the option holders to exercise there will be a need for the heads to be up around 2.5c - 2.8c .I think that will be the short term objective by the company .Get the drill spinning into some good mineralization ,be able to release some good high grade assays of the back of that and in the meantime do their checks on the plant .It certainly will be a cheaper option than building a new plant
Ann: ZMI Secures Option over Galmoy Lead-Zinc Processing Plant, page-8
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