Red Metal Banter, page-431

Good comments. Also would be a benefit to have RDM ownership sub 50% (like the 49.7% you've estimated) so that the quarterly cash flow statements don't include MMA's cash position and expenditures. Makes it easier to understand where RDM itself sits on cash position and burn, which can only help potential investors doing their due diligence.

I'm sure MMA won't have any issues raising capital, their share price is doing remarkably well given everyone is talking about them raising soon (usually results in traders selling to back up cheaper in the cap raise), plus with their low free float this raise is one of the few opportunities for larger investors to build a sizeable position in MMA.