You would hope we have an offtake agreement in place, mining approval & BFS completed PRIOR to next capital raising.
If this is the case, then it's not unrealistic to expect the price to be closer to the $1 mark. The current share price is clearly too low at present & would be VERY disappointing for management to consider raising at the current levels.
Given we still have $9 mill in the bank to keep us afloat I'm not overly concerned at present.
Cheers.
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