Looking at the quoted options DUNO that are now in the money they have a strike price of 30c
Therefore, if people convert these or company does a underwritten raising of these options they will get $9.0M come in the door to convert 30m options into shares... No need for a raising for a little while yet. I expect anyone interested to offer company $s to get a slice of the action as a means to coming onto the register.
DUNO : OPTION EXPIRING 25-FEB-2024 30,090,138
Ann: Anomalous Co Cu Ni & Ag XRF Values in Massive Sulphides, page-101
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