capital raising, page-43

bruce

Agree it is good value at those prices.
Means doom and gloom to me though. Anyone with spare cash will reap huge rewards, but those of us that can not buy at these prices, and most likely a lot lower even, have copped it from behind!
Still dumbfounded as to the extremely poor timing of the CR. which would have been on the agenda many months ago. They didn't just wake up one morning and decide to do one. Not only was there no (urgency) to do one, nor was there a real neccessity either.
First pour, if they can deliver, should be any day now, then after that they could have focused more attention on Jervois. The possibility of Andash going ahead is minimal, and even if it does, it won't need any action 'till sometime next year.
For mine, I think KGL has let the average S/H down, and the only winners at the moment are the people that were virtually "handed" the millions of cheap shares.