The capital raising was a huge success and oversold within no time. Argonaut who took up the stock at 10c are the new company advisors and will not trade the shares on the open market and will work in as advisors to the company which is a very positive outcome.
They believe that we have a world class resource and in time i am sure this will reflect on the share price.
Todays small sales at 15c are the highest we have been for some time and would expect further rises to possibly 20c in the near future.
That will lay the foundation for hopefully a surge when more positive drilling results come in.
I am just a investor hoping to make a quid on price so this is all all based on a bit of gossip and my research.
Do your own as well.
Good luck to holders.
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