Plenty cash in the Bank to fund this exploration
Everytime the 1.2c options get converted they go straight back paying off Lind.
on 28/2 LRS entered into an agreement with Lind to borrow $2.5m where the 1.2c options need to be exercised by year end, LRS will payback Lind everytime those options are converted.
Good for LRS and good for shareholders to at nearly zero dilution.
LRS General Discussion, page-4846
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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11 | 1843300 | 0.195 |
13 | 2638657 | 0.190 |
9 | 1678660 | 0.185 |
14 | 1469049 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 313356 | 4 |
0.210 | 8303711 | 61 |
0.215 | 2536142 | 19 |
0.220 | 3411120 | 26 |
0.225 | 1605553 | 6 |
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