@newB, If it is around $25M or slightly more say $30M for a little extra in the kitty and to cover fees then not a disaster.
I would say the SP decline was suggesting we were going to need a lot more than $25M.
Hopefully the journalist has his facts right or good sources and we do not get an announcement for $50M + which will blow the register up with excessive dilution.
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Ann: Wiluna Operational and Corporate Update - May 2022, page-9
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