I totally agree crocfest. I want some answers about this. I was prepared to pay 2.3c and even 5c because I don't want so many shares on issue. However this is the game they are playing and I'm 100% sure this is the last CR.
Now the question is how much demand there is for our product, if smelters and others are happy to help with this finance then we might not need to do another CR.
Also the mine will produce more then people assume and if the tin price touches $25k/t or $30k/t you watch the profits. Sure pala will benefit but I'd blame our old management for where we are. The company spent $65mil and this's the result! I will never invest in the company that's managed by Wayne.
Regarding the current CR I suggest we should buy what we can coz I guess we all know where the shares will end up and I'm happy to buy if they are! Pala wants it cheap no doubt but if they smell profits I'm in! And because they are in things will keep moving fast not like with the previous board.
KAS Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
