They do not have that resource yet, only a conceptualised target. It will cost money to prove it up.
Also they will need to issue several billion shares to the vendors should they ever get to the resource that you have stated.
Those two factors definitely make it a far different story. This is certainly not 200mt@60%fe for $7.5m.
And remember the shares that may be issued would be issued at a deemed issue price of 3c per share. So no matter if the shares are above 3c there will still be a truckload issued at that price no matter where the share price is at the time of issue...
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They do not have that resource yet, only a conceptualised...
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