So based solely on number you would expect on Monday the price to be sold down to 3.2c as that would mean the enterprise value post entitlement offer remains exactly the same as it is now at 4.8c. But it should be valued higher than this as the market is currently pricing in risk re lack of funds that will be highly likely offset under this deal. The offer is too attractive for holders not to take up full entitlement. So we won’t be values at an ev of $9 mil like we really now. How much.. who knows. Probably mid to high 3s. Then once strategic partner for phosphate, cobalt acquisition and lithium acquition all get announced... 15+c
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