The skeptic in me questions their answer: Would 27 million out of 800 really be enough to convince a would be investor that there’s backing here?
Seems such a small amount to convince someone yes or no.
You’d think achieving debt milestone would be enough to get the ball rolling.
Anyway not my area of expertise, but I raise an eyebrow to their response around the CR.
Ann: Arafura launches A$20m placement and A$7m SPP, page-122
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