Does anyone have any thoughts on how Bass will raise the $1million for the first share subscription by 31 September? Last Qtly showed they had $116,000 cash left and planned to spend $50,000 on environmental rehab at Tasmania, plus $25,000 on exploration and $25,000 on admin. so today they could have between $16000 and $41,000 left depending on how much they did spend on exploration. So I would guess a fairly large capital raising required compared to the current market cap.
Capital Raising
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