A little strange, yes. I’m a bit confused as to the cash position and debt numbers so I’ve emailed the company. By my calculations they have raised (assuming $5mill SPP) about $42mill recently.
$7 mill from warrents @9.25c
$30 mill CR @28c
$5 mill SPP @28c
Sorry, Friday afternoon is not a good time to work these things out!
A little strange, yes. I’m a bit confused as to the cash...
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