Ann: Proposed issue of securities - POS, page-90

boring no point, max 272k shares
a Claytons short sharp SPP
settles monday
can buy 3M on market for 12.5 right now or even bought 1M in the prior low range way below that.
I think most of the SPP will be ignored and issued to MST.

will take the cash at bank to $30M and build the cash warchest a bit more
only $37M to fund BS mill restart of both circuits 1 & 2, not far off

By December will still have $20M cash and spent $6.4M on "BS support services" & will only need $10 from offtaker prepayment funding forget $100M like MCR or $45M like PAN.

$30M CASH NO DEBT 400KT JORC 3.7MTpa processing plants, 6 mine delcines all built to ore face
Amazingly strong financial position on balance sheet
BEST EVER!