Imagine having participated in the past three 12.5c raises and...

Imagine having participated in the past three 12.5c raises and looking at today’s 5 cents:

1 Aug: 21,452,750 @ 12.5c = $2,681,593
(plus 10,726,375 options @ 1 for 2 ex 20c)

1 Nov: 27,395,663 @ 12.5c = $3,424,458
(plus 13,697,831 options @ 1 for 2 ex 20c)

1 Nov: 2,400,000 @ 12.5c = $300,000 “chairman’s list”
(plus 1,200,000 options @ 1 for 2 ex 20c)

A total of 51,248,413 new shares in the 6 months from 1 Aug 2022 raising $6,406,051 plus ~25m dilutive 1 for 2 options (provided they can make the SP attractive enough to exercise above 20c by Sep 2024 without further strategic mishandling).