I thought maybe 10:1 because 300m odd shares plus a cap raise allocation as BK alluded to puts it around 500m. Which for mine is the right amount of scrip to have liquidity whilst allowing room to move up to 1b as required for further funds. Once over 1b it starts to get too loose imo and only attracts the tradersI am voting for it as there is no other way to raise any funds for exploration that I can think of?
Ann: 2020 Helium Exploration Program, page-51
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