One has to ask two things
- If the CR was so oversubscribed why the need for a SPP?
- Why TF are they only starting the infill drilling to increase the reserves now? MQ has previously stated they only needed the amount of ounces in reserves needed for pay back period for finance. Clearly the additional reserves has been requested by lenders.
Ann: WWI raises $1.5 million in placement and launches SPP, page-2
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