From my perspective, either they IPO Cosmo to build cash reserves to fast-track the drilling programs at the Adelong Tenements + further research and plan a cost-benefit case for processing options (upgrade existing plant or transport down the road) or they will have to do another CR down the track that will inevitably dilute our holdings.
Launched made a fantastic analogy to support this case.
Ann: 3D Resources Completes $1.225M Placement, page-119
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