Ann: Placement to Raise $1 Million, page-5

~1.3% of issued capital, so minimal dilution.

Bigger pilot plant, sort out the assay protocols, more drilling results: "The funds raised will be used to finalise the Company’s metallurgical testing and extraction techniques"

Sounds like we're about to see the end of partial extraction results so we'll be realising the very significant upside I was talking about:

"a tweak in the extraction technique yielded a 500% increase in the result: 20.7 --> 103.5g/t from the same collector bar."

Once the assaying technique is sorted out we'll see more drilling no doubt and then the mother of all JORC estimates. I guess one way to look at it is that our tenements hold the potential to host the gold equivalent of AVZ's Manono project but we've got widespread, disseminated 1-12oz gold mineralisation instead of 1.5% lithium. I know what I'd rather have.