That's super news, but, still have to watch SP.
"The Agreement includes standard terms and conditions for an agreement of this type including company representations and warranties, and termination of the underwriting agreement by the underwriters in the event Lake’s share price falls below the exercise price of $0.10 on a 5 day closing VWAP basis, or the S&P/ASX 200 falls by 10% or more from date of agreement being signed."
So, who's guessing where the SP will be around 27 August?
Lot's of news to come re Kachi and new drilling at highly prospective Cauchari Project!!!
Ann: LKE secures $1.9m Option Underwriting Agreement, page-5
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Mkt cap ! $80.08M | |||
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