Possibly right and I certainly would not be against a raise at the right price.
5.6 million - 2,500m DD * $400 per metre = $1,000,000
4.6 million remaining cash once current DD program is paid for.
Once again can't see why they would need to raise unless someone is offering a low dilution capital option.
Ann: A$2M Cash From Non-Core Asset Sale, page-5
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