I think you mean twice. The share placement in October was a single event consiting of a placement in two parts. I guess it's a moot point though really.
What you could be considering is at todays SP the MC of $TKM is around $25m with $7m in cash. IMHO that represents a extremely attractive EV considering what they currently have ongoing and the directors in the top 20 with their own $.
Looking forward to seeing those assays man. The delays in the labs in WA are beyond a joke.
Cheers,
DMac
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
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