Ann: Firefinch Successfully Completes A$100m Placement, page-8

Excellent result.
Most of all it provides funding security for two high-growth projects. Also, with markets jittery and inflation skyrocketing, I'm not sure I'd want to be negotiating debt funding next year.
People will whine, but if you don't like the direction of the company, just sell. This offer was over-subscribed by a set of investors who understand the reality of building a resource extraction business, so I'm sure they will be more than happy to make up for their shortfall by buying your shares on-market.