17m shares issued at 0.0368 + options issued might have something to do with the sharp drop. What i dont get is why these shares were issued at all? from the announcement these are not actual employees but "service providers " aka mates? Issuing shares as incentives at near all time lows when the company is supposedly flush with cash is not a good look or is this not what the ASX should be regulating? Maybe some long termers might have some insight?
Ann: Outstanding Battery Test Results for Lac Rainy Graphite, page-107
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