I am disappointed that they didn't wait until the drilling at Coronation and others done over the next month or so. This smells like institutions approaching them, because they could see great value, and getting in before any discovery and the new Liontown JORC. An easy win with minimal effort or risk. After paying for Liontown SHN was low on cash and jumped I think.
Still it won't hurt to have more working capital. Disappointing for shareholders that will be doubly so if discovery comes soon.
DYOR Not investment advice
Ann: Trading Halt, page-8
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