The capital raising was done to help shore up the viability of the company. It wasn't done as a favour to selected friends to make a quick buck. If the price of gold had headed south in the last 3 days and SLR was sitting at 75 cents, comments on favourtism and an the absence of a level playing field would not have surfaced. I have put my faith in Les to manage SLR astutely.....Tim.
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management says shares worth 85cents, page-25
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