The terms of the CR will be interesting .
It will be fully underwritten . They will probably make it attractive for option holders to convert , thereby raising even more ... up to $2.8m .
Just guessing but what about a 1 for 4 offer with another free option ???
Minimum of 2c ( or higher ).
10 to 1 consolidation .
Any thoughts ..............
Pato's are due to inject $500k in September for their unlisted options as well .
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