Slide 9 of Equity Raise Presentation sets out how funds can be used.
They have opted to pay out Taurus given they were doing what typically financiers always do........squeezing their clients to max their own benefit
Thai banks will (not may IMO) fill in any shortfall in plant 2 "US$15m Working Capital Facility". Not sure we even need a SPP but it appeases a few loyal holders I assume.
Expecting further positive news on grade, recoveries and throughput going forward to comfortably exceed ASIC and gold production
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