I believe the next news will be that the placement was over...

I believe the next news will be that the placement was over subscribed. What it will mean is that people that missed out hopefully top up at the next price point.

We will have a new tennament

That should leave 1.2 million in the bank with the R&D grant to follow.

Also a experienced exploration team with new excutive staff

The drills will most likely head to the new site and chase the lithium as it currently highly sort after.

A positive result result from lithium should bring the options into play and another 13 million into the account to fund further gold and nickel discoveries.

This IMO will add value and strength to this company and reward all its holders. It only takes one positive strike to get this share price moving higher.

Waiting and watching for more news to follow.