assuming current o/s count is 220 million.......that leaves 480 million available to be issued..........
if they need approx 5 million of working capital for the next 2 years ( NOT project capital !! ) to pay salaries and the overhead, then they can blow out most of the GHS committment at even $.01 in order to raise approx 4.8 mill.........
this is not huge money to raise in the VC world, and i expect they'll be able to get what they need....
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