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Proposed Use of Funds & Timing
Proposed Use of Funds (Two Years Combined) ($M)
Nickel Sulphide Exploration (Geophysics, Geochem etc) 1.9
76%
Nickel Sulphide Drilling (EM Targets, Resource Extensions, Infill) 4.2 net of costs
In ground
Technical & Metallurgical Studies 1.3
RAV 8 Acquisition Costs Plus Potential Treatment Acquisitions 0.4
Offer & Listing Costs (includes Pre-IPO & IPO) 1.1
Working capital & Corporate Costs 1.9
Total 10.8
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