If you had read the last two announcements, you would of seen that the extensional drilling results for the upper lode of Earlobe at Polar Bear were likely to be released by the end of July or early August.
Maybe there was a possibility that there could of been weakness with the 5b letter but this has been sold down way to far IMHO anyway. The reply looks pretty good to me too. No stressing from me that's for sure.
Lets not worry about funding at this minute and focus on the pending results.
As said by another holder, 150m odd shares on issue so any raising in the future will still give us less shares than almost every other exploration company on the asx. A raising should be the last thing to worry about for us. Even in the current climate.
If we discover and discover well,the people will come to us with the cash. Not only for a raising but also in general trading.
I'm starting to think I should have bought more. 40k will do for now anyway.
Goodluck people
Scorp
SIR Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held