Ann: Trading Halt, page-36

Interesting discussion - Thanks all for putting your thoughts so well.

And there are two different opinions - I put the best best course of action to have taken (raise or no raise) down to risk management.

1. Take the risk and use up the existing cash pile to raise when the overall market and the lithium sector in particular comes back to strength.

2. Grab the cash on offer now, and strengthen the register with US involvement for more capital needs going forward.

So everyone on the planet will have a different opinion, and might take different actions.
However I reckon the guy with the best view of the whole situation is Simon Lill - I'm sure he has seen this situation before and the way he took DEG to discovery and success suggests to me that we are in good hands.

DYOR and GL.

Perhaps now is the time to take another look at the Board of IR1 - SL does not act alone - https://irismetals.com/about/board-management/