This is equivalent of $27,500 and looks like it's to pay consultants fees.
"550,000 shares to be issued to consultants for corporate advisory services."
I'm guessing it's the assessment for options where to locate stage 2 but who knows, what's another 550,000 shares on top of 2.3B.
Ann: Proposed issue of securities - LMG, page-2
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| LMG (ASX) Chart |