Andrew has a history of running a tight ship and a majority of exploration plays we have are cheap, with cost per tonne in the cents. Lithium however is a different story, but we are a while away from any drilling. Based on past raises, Andrew is conservative and will raise about $1m, which will be in the 200m shares issued range. Options will probably be added to the Dec 25 lot.
Ann: Response to ASX Query, page-24
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