If the SP reach 0.035 until end of June, the company could raise...

If the SP reach 0.035 until end of June, the company could raise up to 7 millions in options. The reason for the SP rise could by an excellent result of NEV033 or a real deal with graphite.

But....

If not? What is the options for the company? They have only 900k in the bank, needing at least 3 millions to close the quarter.

They could sell one of the projects or issue around 250 millions shares at 0.012. A placement is IMO the most possible option, which makes me think: whoever is pushing the SP down, is doing to get a better deal in a possible placement?

Due this problem, I'm changing my sentiment from buy to hold