There's a loan facility available with placed shares for up to 5mil if they want to go that route, there are also traditional loan facilities should these be required.
The offers are on the table with the DSO strip - this will significantly improve company share value. The DSO deal is about setting the business up for stage 2 mpi. A nice side effect will be a lift in share price.
Care must be taken here to maximize the funding and avoid adverse dilution heading towards the bfs.
LCG Price at posting:
11.5¢ Sentiment: LT Buy Disclosure: Held
