So in order to distract myself from crying about some bad calls over the last 6 weeks, could there be hope that this 1 mil, is enough to get some more testing and results out to market in the next month or two, in the hope of proving the resource worth, then the 3 mil mentioned could be at a much higher price resulting in less dilution while still having the potential for current holders to get a discount on the price at the time of the second raise.
Likely delusional.
Ann: Placement, page-5
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