They need in total around $92M US over 2 years.
That translates to around $133 M aus. So they raised $60M recently, I believe they will let overs by up to twice for the SPP so we will raise another $20M. And then with options of 1:2. We can raise another $53M on option conversion thereby giving us exactly what we need. $133M plus they have some cash and Uranium too.
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peninsula energy limited
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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