Their next raise will be options being exercised, once 0.005 goes it'll have enough momentum to push to 1c IMO which makes the options a 20% discount to price, the conversion will be the future funding on the side of the deal they've recently announced without further capital dilution and fees, and cleaner corporate structure.
Very happy with there this is going, well done management for turning this around.
Ann: Shawa Carbonatite - High Grade xPRF Results, page-10
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