Interesting commentary from all, it should be noted that the offer closing date for the new shares from what I read was late september, it can also be extended by management. In the previous announcement, the company I believe expected to receive assay drilling results late september. Will be curious to see what comes from the lithium and REE side of things as well. The positive here is that it is a non-renouceable share issue meaning that if all shareholders tip in, it will be non-dilutive. I couldn't readily identify that management were participating in the scheme either, it would be worth asking them directly to confirm so (I know they definitely did last time). In an indeal scenario, it would be great for holders to receive the assay results first to cement people's mind that the money they are tipping in is reaping rewards from an exploration front - dollars being tipped in equals further mineralisation and therefore improvement of company value. I will watch this space closely over the next month to see what comes of it, cheers CP.
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