MCT 0.00% 0.2¢ metalicity limited

Ann: Notice of General Meeting/Proxy Form, page-26

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    The warrants make up around 3.6% of KML's expected shares on issue at the time of listing. At 80c, the warrants are valued at around $1.5m, so if the KML sp craters to 10% of the listing price, then the warrants are also only worth 10% of their value, so about $150k.
 
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