Strong finish at the 4.10 Auction.
As I have mentioned earlier if Lachlan cant get principal and interest funding yet we might end up with a lot less dilution if he kicked the FID can down the road a bit and raised enough money to complete the decline and all the stope definition UG drilling plus a more expansive surface drilling programme. which would give a bit more time for the copper price to firm and stabilise without delaying progress of the UG opportunity.
That sort of funding seems to be available with attached options at a 127% premium. I don't think any one would object to a lender, who got the ball rolling with $10m, getting 70m options at 13.6c.
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Strong finish at the 4.10 Auction.As I have mentioned earlier if...
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