RE:RE:My mistake. Share price was 7.08 three months agoBUT they are still looking to raise another $90 to $100 million. They said so in their press release. And that was part of the previous financing of $50 million dollars.
"and is looking to raise between $90 and $100 million in project financing. To date varying types of financing options have been contemplated and a number of indicative proposals have been received which are currently being reviewed. The proposals will be narrowed down and the Company expects to move forward with select proposals to pursue a financing package"
"The financing is expected to be arranged over the next six months with conditions precedent for drawing that include the DFS being complete and in-line with the PFS."
Read more at https://www.stockhouse.com/companies/bullboard?symbol=alo&postid=26746243#cVuOK0CBLfmxF5BH.99