Well I,m stunned. Never thought they'd raise at 1.6 Why raise a piddly 2.5 million now before the assays ? Wasnt this supposed to be significant ? Whats so significnt about this raise besides the existing holders getting significantly screwed. I really thought we'd see assay results first followed by a raising in the 2c region.
No new cornerstone investor. This really does smell funny to me and really dont know what to do now. am holding half a mill of both heads and tails and guess I will be looking to exit on the pump ( fingers crossed) if we get one. Im starting to side with Willy, the asx aint the place to be for the faint hearted. absolutely amazing the manipulation that goes on.
No need to raise cash in the immediate future, then a raise at a discount to the worst mob ever with no assay results to support the price as yet.
Unless your on the inside what chance have you got ?
Disillusioned.
Duke.
Willy no need to respond or gloat please. Thanks
VAL Price at posting:
2.1¢ Sentiment: None Disclosure: Held
