you'll just have to consider that the recent market rumours of a $100mil Equity Raising had some substance AND such raising will be at under $1 even 80 cents.
imo there was significant, indicative volume yesterday taking it beyond a tree shaking event.
Also IMO Rest of World/ Household Name Offtakes could rely on Production Capex being 'covered' ie finance brings offtakes more so than offtakes brings finance. Think this in particular with high tech End Users, they want to ensure a delivery date, qtr of a year. Be assutred that the New Mine Production process can deliver the specified offtake qualities and volume.
anyhow just a thought on cause and effect of market dynamics. think it better than the theory ,a whole lot of weak nancies all went into a panic attack yesterday and it'll bounce back to $1 today
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you'll just have to consider that the recent market rumours of a...
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