I would imagine the shares would now be offered at .05c or .04 c to raise the rest of the funds. Let's not forget they have 1.4 as of end of Dec and now have 1.9 minus about 150k for costs so far. They need 2.5m odd Aud to buy the asset and then will need to do another CR within months to raise money for corp expenses and drilling . So get ready for another 600-800m shares over next 6-9 months
