If that's the case, it'll add 34,375,000 shares to the registry (maybe a bit less once costs factored in). So If I've got this right, then overall dilution is 34M shares in 222M shares - so 15%, not a disaster by any means.
If we're going to start doing diamond holes, that'll get more expensive as well. So as you've said @Pockets it'll give us some good cash for some serious metres.
Ann: Trading Halt, page-27
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36.0¢ |
Change
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Mkt cap ! $92.37M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 37.5¢ | 30.0¢ | $403.0K | 1.205M |
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| 2 | 36555 | 35.0¢ |
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|---|---|---|
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