Ann: Antilles Gold to Raise $3.25 million of New Capital, page-2

so my calcs on the 88 million options now issued, all for $0.13 and April 2023, is that they represent a Cash Inflow of $11.4m

which going by last years' Financing summary, would more than cover the final year of the $13m total AAU has to commit to project #1 - Open pit

(this should be updated by the end of the week too in the 2021 Annual Report)







and that even after this cap raise, the Fully Valued NPV of just the mine Open Pit still calcs out to between 32c and 40c with no other value attributed to anything other than the NPV of the Financial Scoping Study itself




So I am looking forward to the narrative section of the Annual Report to obvioulsy update on the Financing plan, but also highlight how this all plans to hang together to accelarte the multiple projects soon after each other, recommisioning of the plant in DR possibly ??

Stayed tuned for more news this week