rising aussie dollar, page-14

Ulys15

Good to read that others now agree with some misgivings I had about this capital raising in an earlier post. SLR should have been able to have done it for over $1, and then the share price would be higher now and they would not have needed to dilute as much.

As for NGF, which is my largest gold holding, raising capital at a premium was achieved because they went overseas and investors there saw the bargain that NGF is if they can sort out a few things. It is an even bigger bargain if the AUD POG raises. I was not keen on that capital raising, but having read the latest quarterly I now better understand they still have some operational issues which they are sorting out a bit too slowly for my liking.

Short term I want SLR back at 60-70 cents to top up. Please Mr Market, will you help me?

loki