Just adding to the cash topic. Amani has wrapped up the $7m placement recently, including a $1.75m director placement. They've also had 4.2b of options get converted over October, giving the company an extra $6.3m.
Adjusting for the opening bank balance and est. cash burn, the company will have around $13m post mid-November general meeting.
With Klaus Eckhof back at the wheel, old Chinese management cleared out and work at Giro noticeably restarting, this looks to be a new chapter for Amani...
ANL Price at posting:
0.3¢ Sentiment: None Disclosure: Held
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