Has anyone thought that the reason they only raised $12m now was that is all they need to get them through this difficult funding period - This will complete drilling and probably get them a fair way in to BFS. I would be annoyed if they'd raised $100m at 18c. Later funding will come at a much better price once they have a better understanding of the deposit through more drilling and have hopefully increased the current resource....
Anyone looking at this company for less than a mid to long term investment are kidding themselves.
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comdek limited.
the facts as i understand them, page-28
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