Ann: A$5.6m Raising to Expand West Arunta Exploration, page-132

They did that last time and learnt the hard way. CPS dumped their shares during the month after the first raise in the 2.5c-3.5c channel. Which kept the share price there for a long time while everyone was getting very negative in these threads. Next minute it rose to 15c. I am sure CPS won't make the same mistake again. I can see them holding out until at minimum Avalon drilling. The heritage survey has been completed and by all accounts they are just awaiting the completion of the heritage report and then the rigs will be getting sent there. Can't be too long away now, I can see us drilling there in the next 4 weeks. There are no financial constraints anymore after the recent raise. In the next month while we await phase 2 drilling, we will be getting plenty of assay results returned from phase 1 drilling to keep the market happy and excited. IP survey results too. A lot going on which is why the share price is yet to hit 10c capital raise price, even with copper and gold prices retreating in the past 2 days.