ORP 2.00% 5.1¢ orpheus uranium limited

funding needed very soon

  1. 257 Posts.
    Fellows , I wouldn't get too carried away with these very low grade Zinc results just yet .

    ARE management will need a major fund raising very soon , estimate of only $1.5m COH at present.

    Company has an extensive ongoing diamond drilling programme for Mt Kroombit and with the start of the dry season in Laos , a further large drilling programme .

    Funding and subsequent share dilution will need to take place in coming weeks or the share price will be adversely affected and come under pressure . Cheers to all holders.
 
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