The $970k from the SPP does not include the $600k that Burston and Carroll put in via the preceeding placement, which raised $1.22m (though I note three directors chipped-in a total of $40k into the SPP).
In total, they raised $2.2m, enough to get the Scoping (PF) Study completed by next March.
Yes, there's been a flurry of announcements of late (since Iggy Tan joined the Co), all of which are vital pieces that fit into completing the Study. I would expect quite a few more plus the JORC upgrade (to Indicated) by end of quarter.
KFE Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
