Where is the PFS for Mallee Bull? What is the pre-production capital cost for Mallee Bull? All those costs would have been quantified in the PFS and yet shareholders past and present are not given this information. Peel will be up for 50% of the pre-production capital (likely to be 50% of $25-30 million) and that will need to be raised by printing more shares. The share price was always going to tank in this scenario.
Ann: Quarterly Activities Report, page-50
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