mc is around $4 million at 1.3c and yes a CR is definitely on the cards, $1million doesn't get you much in terms of drilling these days.
Yes a CR is on the cards at some stage but not on this run I don't think. They said they're spending $450K last quarter, if a similar spend for Jan-Mar then they are not yet in a rush to raise cash. If their shareprice had rocketed ahead then maybe but from what I can see their closing share price today is lower than it was early December?
capital raising soon ???, page-26
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)