hi, I’m not sure how this works but bear with me because Im not...

hi, I’m not sure how this works but bear with me because Im not sure if this is possible.

could MTC be raising the full $13m because he is trying to organise a carve out of the lithium business and sell off the existing business (which would only contain the sturec asset) in its entirety. I only suggest this because Gino has a lot of shares tied up in MTC and if he accepts a cash payment and distributes 85 cents he is still left with a huge amount of shares in a smaller company that he can’t easily dispose off.

He still needs the $13m to advance the lithium project so by raising the $13m in the spp he achieves both. Fully funded lithium project and disposal of his shares that he would find hard to sell otherwise.