Got to admit, this doesn’t make sense right now with so many pending drill results due that could lift the share price.
We probably have at least $3M in the bank and enough to run 4 rigs for January/February 2021.
Thinking out loud - they have dropped the ‘fully funded’ speak from their announcements recently. I didn’t catch onto that...
Can only hope;
- raised at a premium
- large cornerstone investor (no churn)
- six rigs to start in January 2021
- $15M - $20M raise
whoever was capping the price recently has done a brilliant job...well played.
guess we’ll find out Monday...
Ann: Trading Halt, page-15
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