G'day All,
If I had to throw a dart at the corporate dartboard I assume we're not for sale because we specifically went into a halt to raise capital.
No idea how much or to who. This story has a while to run yet so I'm certainly hoping we're not taken over for a long time.
With everything that has been discussed on here recently perhpas we're getting a bit too excited? Hard to tell, but we should know by tomorrow.
Re these comments:
"Is this amount going to buy us a mill / get us into production ..."
Absolutely not. Feasability studies come first. Until then we don't know CAPEX requirements so this will be for working capital only.
Cheers,
JT
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