TB...your message is clear and positive overall.
I'm not too confidenced using the phrase "additional 15% of the project NPV for 10% dilution" is proper.
We are all clear what they bought was 15% more interest in the mineral resources. AVZ from 60% to 75% DRC at 25%.
10.6% of the pre-capital raise OSI (2890m) were issued as new shares (307.7million) at 13c to professional institutions to gain $40 million excl. fees.
For RD & CDL that added 14Mt and 15Mt respectively, totalling 29Mt of lithium ore reserves,
Adding about $20 billion dollars in value for just the lithium, not including Tin and Tantalite.
I'd like to see the NPV recalculated now.
I'm sure is NOT diluted.
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