cap raise , page-17

"What's the likely share price post capital raising?"

gotta say placing price or maybe small uplift on it. cant see it doubling unless nice exploration results come thru as theres an almighty overhang with 66% of the share capital in the money above 0.9c, and that 19.9% stake given to weak holder AIMs Regency Mines.

2c after first round of exploration is the target for MD to get his $220k bonus. The market cap will be $7 million on that, as long as no more dilution by then. Do-able even for this lot but until the overhangs dealt with its in the doldrums.