Heading in the right direction but still cheap imo.
It will be interesting to see what happens to AYC after their raising closes and over 50m shares are issued to ORS holders.
The fact that this will occur within a month of targeted mine commencement creates the potential that despite the flood of new shares there could be minimal downside if a few strategic updates are issued and progress is on track.
Ann: Registration Of Scheme Booklet With ASIC, page-8
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