Yes I knew the rights issue would be flat as the sp was well below the .09c offer
yes they have enough cash for the time being the Chinese money will be a few weeks away at least as they have to get some paperwork done first
I spoke to Phil yesterday and the Chinese investors are super supportive and are keen to keep throwing money at this amazing project
Phil is super excited at this project and drilling and pump results so much so he’s put in $300k cash of his own money as he believes it’s guna be a massive return on investment
so I felt in good hands after speaking to the big boss
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