Agreed. Issue of shares will likely be the consideration for more EPL acquisitions. The cash will be needed to generate more interest in our Aus non-lithium assets through more drilling campaigns/results.
Huayou will help with funding Namibia, while ZK has already pledged to help with our Aus lithium plans. The current cash will hopefully be enough to get us through the 10-12km of drilling already planned. With the hope of good results, Gino will be wanting to raise north of $1 perhaps $2 if we are lucky.
All the above is best case, but a possibility.
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