Fair point haha, have read it properly now - was a very busy morning so only skimmed it very quickly and missed the $0.85c. Still, out of interest, if they are effectively raising at a 50% premium via the flow-through mechanism, why does the market seemingly treat the stock as if it was a normal cap raise at 85c?
Ann: Patriot Announces C$75M Flow-Through Financing, page-20
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