Hi Mountain Bike ,
It’s for a land acquisition. Do you know where they have just bought?
Also for more drilling . Looks like JORC about to get a lot bigger. Who knows we may get a bigger JORC than CXO who are now $2.5b MC.
we had $3m left, we needed a raise it’s a part of life with listed companies. We now have $33m and will we will likely see options converted early as this should easily double MC next 12months (I’m thinking weeks) which will help fund the 33% equity component needed to build mine. (correct me if I’m wrong around US$70m equity component as hydroxide plant will be dealt with separately)
None of this includes DFS which you would think would have been mostly if not all paid for.
This is the next stage of this project..
Enjoy your evening .
Hi Mountain Bike , It’s for a land acquisition. Do you know...
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