As far as raises go, this isn't bad. I'm impressed they managed to get over $1m at 9c.
Need to get a good deal on some tenements soon though as the ASX aren't going to put up with endless raises like this for much longer.
And yes, sounds like just the one investor which sounds encouraging. Hopefully not Hartleys, Agronaut etc.
Ann: $1.1 million Placement, page-5
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