My guess one of two outcomes:-
1.) off-take finance for San Jorge; and/or
2.) prospecting licences granted for Kolosori and/or Tenement D.
I don’t think we are looking at a cap raise. Ryan has always communicated that the next raise would be at far higher share prices to avoid dilutionary impacts.
Personally think it will be very good news.
Best to all for Chrissy, particularly the Axiom team.