not quite sure Aus,
Don't think market is that smart. dilution when exercised has been priced in to a degree. What that degree is we could argue about or we could agree that the business model works and profitability will increase exponentially tied to and increasing NdPr price.
Let's take the 2nd option and further agree prices must increase.
R
Ann: Receipt of Funds and Appendix 3B, page-16
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