Good guess at 35c. 5.8million shares at 35c to raise just over $2million. Eligible shareholders can apply for 1 new share for every 8 shares held at 35c.
41% increase in magnetite resource to 1.43 billion tonnes @ 31.5%Fe with more than 50% of the strike remaining untested. The DSO resource will be updated in the next few weeks.
Ann: Trading Halt , page-34
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