It's a good update. And nice to know where the money is going. I just would of preferred if they just went with a placement and no SPP, get it out of the way and move on. SPPs do give you a chance to minimise diltuon, but it's not really much for 5mil. Now it's going to hang around for the rest of the month and keep the SP range bound.
The early insights in a few weeks will be interesting though. Tom seems upbeat about it, and seems to be a little in the know already.
Ann: Rafael Appraisal Drilling Program Update, page-4
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