I think its a difficult thing to ascertain so easily, baz.Lets...

I think its a difficult thing to ascertain so easily, baz.

Lets say, for example, people value us at 30% NPV for expansion figures(which is plausible) 2B @ 30% at time of BFS, we should have a MC of 600M. If we reach this level pre raising, then our SP would be ~15c. Even if we use 20% of 2B, that'd put us at 10c... So hopefully if we have enough exposure and marketing and reach those levels, our dilution would significantly decrease.

We really need the sentiment to grow before we raise for any CAPEX funding if we wish for minimal dilution. This can be done by releasing a BFS or offtakes... I hope