I found it interesting when Gary said that the Chinese stood to pay between $10-25m for their 19.9% stake [b] depending on options exercise [b]. In contrast, the additional $9m raised from options exercise will cover the Company's costs for [b] 2 years+ [b] at the current burn rate.
Guess who stands to benefit the most if dilution is minimised? You never pay more than what you need to.
gary stokes 10am on brr to explain, page-5
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