Am i missing something?
We had just over 4 mil at end of Dec 2021.. are we suggesting that is all being close to gone an we are scraping the barrel for funds?
If BFS is completed an all they are working on is ASX announcement release & MC is very close?
Why do we need a Capital Raise??
Wouldn't you think they will drop the BFS an MC .. drive the price to 25c-35/40c potentially then get the big dogs in to play fighting it out to get on board.
Yes its dissapointing not seeing the BFS out this week.. but to me a potential cheap cap raise now so close to the BFS an MC announcements just doesn't make sense.
We haven't heard anything more about JS arrival in Perth yet..
Whats not to say they've possibly received news on the MC an organising JS to head to Cameroon for it.
I'd rather be thinking of that potentially being the case then the thoughts of another cheap raise.
Ann: Canyon Investor Webinar, page-74
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