i believe 1) a capital raising ( into's approx 200m shares at approx 1.5 cents for approx $3 mill , with maybe spp for us others ( amount ? )), hopefully it will not be too much dilution 2) joint ventures as well as cap raising to raise perhaps another $2-3 mill 3) maybe convertable notes - amount ? 4) sell the whole comp for what they can get ( least likely in my view)
overall i think it will be an amount to obviously give them $2-3 mill cash for working capital and perhaps a similar amount to reduce debt
-this is obviosly my speculation , would be interested in others thougts as this week we are supposed to be getting some sort of update
as always dyor
ACE Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
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