I'll give them the benefit of the doubt (my doubts) and see what they wanted the $3.5 mill extra cash for.
I have to say it should be for the continuing rapid expansion of the acreage on Smacko - and that will have my reluctant acquiescence.
However as you all know we have a high flyer CEO who is worth a mill. p.a. in fees and performance rights. So the average little aussie holder would surely expect he has done a great job in raising this capital in their interests. I expect future will justify his reputation.
Its Smackover or Smackoff for me.
But I learnt a bagging lesson about Zero Carbon Lithium from deep brine at VUL. DYOR.
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