Thanks for the comments. Good to see a bit more realism around here.
I think whatever placement or spp that eventuates will probably be done at 3c given the trading range it's been through lately. As you pointed out on SS though, Rick Crabb being on the board is a huge plus, given he's played a big part in palladin's success - so a 4c placement, while unlikely, wouldn't be out of the question.
I'll probably wait till the funding arrangements are announced, the current 3c share price has virtually nil funding risk discount in it.
AMG Price at posting:
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