RMX 0.00% 0.1¢ red mountain mining limited

rmx on 11th feb 2014, page-101

  1. 94 Posts.
    I am very surprised by this. Although it does sure up cash reserves for more drilling i they were confident in good results surely they could take the $750k and then do another cap raising at a higher price? I know its rolling the dice but to take almost 4 times the amount of cash they originally went for is a bit over the top.
 
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