I was just thinking as it's an RC program for Achilles 1 it won't be that expensive vs a diamond program and they previously did a placement for $875k as someone posted above which was supposed to be used towards drilling Achilles 1 last year. $1m would therefore be enough based on the last round of funding.
Raising more than $1m would therefore appear to me as a bit of a money grab on unexpected circumstances vs actual conviction in the target.
Ann: Trading Halt, page-40
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