Blackrock stumping up c $16m in BDR? Can't get a much better show of confidence in an improving gold miner as we head into 2017 you would think.
The only query with this announcement is the buy in showing 28c. The note to ASX indicates the raise of $46m by issue of 159m shares = 28.93c
Wonder if investor relations can shed some light.
Might get on the wire and find out.