I from reading the annoucement the price is quite a bit lower than I'd anticipated. I thought the book build would have them around the $1 mark at the lowest.
I have the 75cents CAD translating into around 80cents AUD a share(at present). But not sure how they confirm the exact AUD price.
Plus that extra 1 for 3 share warrant excersiable anytime in the next 3 years at $1 is a decent carrot to dangle out there.
With production just around the corner I intend to participate in this placement.
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