I'd take loyalty options at $1. 1 for 4 would do. Only increase SOI to c. 160m and would be $30m in the bank, paves the way to keep the foot on the drill and WC through FS etc.
Takes the raise out of the hands of instos and should result in on market buying to be backed by results. Agree this is too cheap.
Ann: Further Northern Extension to High Grade Mineralisation, page-145
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