If anyone is attending tomorrow's meeting perhaps they can ask why we are raising money here to send to Angola for Lulo when we have plenty of high value diamonds waiting to be sold from Lulo .
The funds from the Capital Raising are important and will be applied towards:
• funding the consideration payable to Merlin Operations for the Acquisition;
• the stamp duty and taxes for the Merlin Acquisition;
• advancing the Merlin project – geotechnical drilling, exploration and feasibility study;
• advance Lulo Joint Venture exploration programs;
• costs and expenses of the Acquisition, SPP and the Placement; and
• general working capital
If anyone is attending tomorrow's meeting perhaps they can ask...
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Last
7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $20.30M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.1¢ | 7.0¢ | $13.55K | 193.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120000 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 259859 | 6 |
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| Last trade - 10.58am 26/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |