My mistake here, going through the new release valuations they are are a lot clearer in stating that this $6 a share is purely on the 50% held acreage, therefore unfortunately one can't therefore use this to interpret 50% applies to the HK acreage. Oh well, only the tip off from Ausstocks report to go on now :-)
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capital raising - 40 million shares at 25 cent, page-7
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