This follows a $2.75 million placement and $2.5 million in convertible notes. Mayur says the early works will run in parallel with the PNG government preparing for the consultative forum. 

 

Managing director said the works would seamlessly and enable the larger scale construction works to star. 

 

"That includes preparatory on the ground wharf works in readiness for full scale construction to start. We are well advanced securing all required asset-level equity financing for the lime project targeted for completion mid-2023. 

 

The placement was completed at the last traded price of $0.18 per share. 

 

The full announcement may be found at this address: https://bit.ly/40NV7MR