Where additional $25M will come from?
512,200,000 (Fully diluted shares - see CANTOR Fitzgerald coverage)
24,490,000 (The latest BDF)
3,673,500 (Over-allotment)
48,500,000 (Payble in shares to Westgold)
48,500,000 (AUD $25M in cash [1share = .49 CAD])
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637,363,500
Anybody who thinks that $25 in cash for Westgold deal is NOT going to come from additional shareholders dilution must be an idiot. Who has said MickeyMouse264? LOL