MYL 0.00% 70.0¢ mallee resources limited

"Should funding between the Minimum Subscription and Maximum...

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    "Should funding between the Minimum Subscription and Maximum Subscription
    amounts be realised, the Company will allocate all funds identified under the
    Minimum Subscription scenario. Additional funds will be first allocated to meet
    the increased costs of the Offer and administration costs. Thereafter, additional
    funds will be applied to meet the requirements (if any) to ensure nameplate
    production is reached. Beyond this, funds will be prioritised towards exploration
    activities, as the Company believes that the potential for discovery of additional
    production sources in both the Avebury Arc and Melba regions is high. Such
    sources would both require and further justify the expansion of the Avebury
    plant to, and beyond, the contemplated 1.2Mtpa level
    ." (my bold)
 
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Currently unlisted public company.

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