That's how I read it too. See my 2 posts above as to why I think that.
It could be a placement to a cornerstone investor that's a copper producer or seller that wants a decent stake with an accompanying off-take agreement. That sort of placement is usually at a decent-sized premium.
Is this the culmination of talks that commenced back in April? https://www.aurisminerals.com.au/wp-content/uploads/RNI-07-04-2017-Holding-Statement_Final.pdf.
Is this why there is no rush, as it would seem, to further drill Wodger?
Ann: Trading Halt, page-11
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