They have worded capital raising initiatives in the quarterly;
During the coming period management is proceeding with the establishment of various cost and project parameters for a possible expansion including a number of potential funding proposals.
These funding initiatives may include a combination of additional debt and equity funding requirements over the course of calendar 2008. Allied Gold will keep the market informed of the progress on these potential capital raising initiatives.
They have thrown the line out so as not to shock when it does happen.
Either way i am comfortable in holding, the rewards will come in due course.
I just hope Barrick is happy to take more at 0.85....lol
news coming, page-23
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$31.30 |
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Mkt cap ! $7.458B | |||
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