Not quite right. DGO options split into 2 dates so they may not be that short.
KL 33,000,000 @ $0.20 for $6.6m Nov 2019
DGO 12,500,000 @ $0.25c for $3.125m Nov 2019
DGO 12,500,00 @ $0.30c for $3.750m May 2021
I think they will want the $9.8m from KL and DGO for drilling next year (2020)
The Directors have put in a fair bit of cash so they wont want dilution either.
With some good fortune I think its possible they get to their target of $2.5- $3m oz without having to go to market asking for much money and around 550,000,000 on issue.
Possible Breakout Alert, page-102
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