Well that is a bit of a gut punch but at the same time it depends on why the CR is happening. If it’s to fund a specific project this could just be the beginning of something very exciting. If it’s just for adding to the coffers then yeah, it has the hallmarks of a pump. I didn’t think we needed the cash, however the old saying says that you raise when you can, not when you have to. Hopefully this is released alongside a juicy contract and we’re only raising for project specific capex. Come on Bahay, don’t let us down. I would have thought they could just let the rising SP run up above 1.9c and there would have been plenty of money coming in via the options, so the timing is rather curious.
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