I'm disappointed they went back for more money just for the sake of having more working capital. That suggests they aren't confident in making enough money out of their existing mines to execute their plan. I would have preferred they reign in their drill program rather than just ask for more money.
This is a X against the management team for me on this one. The only positive is that the capital has been raised quickly and the company can move on.
DRM Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held
