Absolutely agree that my estimate of dilution is worst case and probably overstates what will likely occur. Not sure I would go as low as your estimate though. Suspect they need existing cash plus maybe more as WC to tide them over to production. Good pick with the options - completely slipped my mind even though I have some.
Financing Imminent, Target 50c ST., page-46
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 237842 | 3.7¢ |
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| Last trade - 11.38am 22/05/2024 (20 minute delay) ? |
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| Last updated 11.10am 22/05/2024 ? | |||||
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