Ann: $5m Placement to Institutional & Sophisticated Investors, page-5

It's basically as Growler47 advises—5.5c but with 5M instead of 4M.

Although I would have preferred a lower CR given the expected news flow, 5M will allow us to reach a mining decision on AT while advancing our uranium and titanium assets in parallel.

Even with how efficiently Colin managed our cash last quarter, exploration costs highlight how expensive it is to run multiple drill programs across different resources.

The share price will likely remain stagnant until the titanium results are back, unless the metallurgy study reveals something spectacular.

Good to see institutional money starting toshow interest.

Metalogical work at the titanium will also be very interest to see.