16% share dilution is really good to score a piece of the Pilbara next to KAI ($60m MC) and VMS ($20M MC).
The Lawn Hill project tenement that TKM already hold are near the world class Copper/Cobalt sulphide deposit, and on the same geology as the Lawn Hill platform which hosts the worlds biggest Zinc mine.
TKM is kicking insane goals with acquisitions and tenement holdings.
Ann: Option to acquire Pilbara gold portfolio / $1m Placement, page-4
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