This is not a surprise - the only surprise was that they only raised $21m via the gold pre pay - it seemed too little to me given the cash burn and I am not convinced that this latest asset sale and CR will be enough to feed them until they have their two main profit centers fully operational some time next year, or is that in 2020?
I wanna see their half year accounts before I put any money on this flea bitten nag being ridden by Cookie the Golden Wookie.
GLA.
loki (Will The Wookie now buy 500k shares under $1/share to show his love for this stray dog?)
Ann: Placement and Conditional Sale of Lithium Royalties, page-2
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