Ann: Investor Presentation, page-32

hey horizon,
Shares on issue: 780,573,623
New shares from CR: 72,463,768

So looks like roughly a 9% dilution...

Just a rough estimate and my thoughts,
Going off the SP at close that would make 8.8c be worth about 8.1c
But we also now have an extra $5,000,000? In cash and can steam ahead with Aerial surveys, MLEM surveys, ground testing, RC drilling and diamond drilling!

Im thinking it could be a good opportunity to top up if people panic sell on open as the 9% dilution will most likely be countered from a good EM survey imo.
And plenty more short term updates to take us back up towards 10c in the coming weeks I’d say.