No there was a cap raise then as well to start the initial studies for PFS....
by doing this CR now we have completely funded the remaining studies of the PFS of our own accord.
it will be interesting how BMD will fit into this if at all... This essentially allows us to keep a higher percentage of our flagship project if we were to continue the agreement with them....unless we would require both recently raised funds as well as BMD's contribution to finalise PFS but highly doubt it.
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