presentation figures are confusing Cash and market cap seem to get the SPP and Placement figures mixed up.
Cash assumes only Cash on hand of $10m plus Placement of $11m - $21m
Whereas Market Cap assumes SPP and Placement: ie pre-placement shares of 632m plus placement of 95m shares plus SPP of 95m shares (assumed) = 822m shares 822 @ 11.5c = $95m.
But if we add assumed placement of $11m is successful, and add to cash, we have $32m !!
MOS Price at posting:
12.0¢ Sentiment: None Disclosure: Held