I spoke to Justin a short while ago and He said the 10m shares in Auvex would most probably be in escrow for 12mths.
They are hoping to start drilling at Peak Hill in June and they also want to start Callawa at the same time.
Regards to Capital raising, He's of to Europe shortly to see different parties that may be interested in providing funds.
He didn't mention prices.
There appears to be a bit more interest than a few months ago as far as capital raising goes.
Anyway, today's news can only be positive for us.
I would like to think it's the turning point we've all been waiting for and once we get rid of those tired and bord shareholders the sooner the SP will move forward.
Regards Dabru
DYOR
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