Ann: Placement-LRS.AX, page-27

The announcement stated PAC have been appointed following the placement , which suggests to me they are ongoing and there is more to come.

The debt facility shows $2m undrawn and is reducing .

This does not include the 1.3m cash that has arrived post the march quarter

Go back 2-3 quarters ands compare the cash burn and debt levels and it is clear this is being cleaned up dramatically

Also of surprise to me was the 500k expected expense cost of exploration in the next quarter , what is that for all known projects are under JV , where there is smoke there is fire.

I also expect to see the stock break through 1 shortly