"The project is one of the beneficiaries of the EU €7.5M Funded...

"The project is one of the beneficiaries of the EU €7.5M Funded SEMACRET Project which aims to promote exploration for Critical Raw Materials in the EU, securing the continued supply for the EU market."

So if NKL gets any EU funding together with existing funds maybe $3m in the NKL bank account I think someone mentioned that might be enough to get the nklo into the money at 20c with some exploration/drilling.

Then if the 36m nklo (loyalty options) units on issue are exercised at 20c that raises about 7m.

So potentially minimal dilution for awhile at least proving up the project(s) in Europe if successful there..