Thanks Transcender
It looks like management expects the Bunnenberg significant holder will exercise their options (approx 50% of the total outstanding) and doing a raise at the exercise price to cover the balance.
If all of the options are exercised + $1.5M with this raise + the R&D rebate + the $180k W.A. drill grant = $5M+ in the kitty.
Drill results for the REE prospect + drilling the Cu prospect + PFS updates should keep things moving along.
Ann: Trading Halt, page-17
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Mkt cap ! $36.71M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 8551579 | 1.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 3643572 | 8 |
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