All very good!!!
So with the $6.5mill they had before, and this, say $12mill after costs, will give them $18.5mill . That is a seriously good amount of cash, with an undiluted share registry of just 50.5mill.
At $1.64 a share, very close to recent activity.
This will certainly give them the power to fast track their projects, without having to raise again.
ann out placement confirmed, page-7
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