They also need to pay $3M in equity on top of the $9.7M cash. So one would hope the SP is higher than .08c.
For me - Indee $9.7M needs to be cleared up. That paves the way for the PFS, results from our better prospects, increase in resource and hopefully a higher VWAP by the time July comes around so the $3M in equity shares is not as bad.
Indee, page-28
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$1.23 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 8887 | $1.23 |
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| Price($) | Vol. | No. |
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