This is a bit embarrassing now, sorry. For the sake of a complete analysis - I also neglected to mention, in conjunction with the infill drilling program:
- 55 million shares @ $0.12c from the previous CR were issued on 28 Jul 2016.
The SP was up 35% in 3 days following mobilisation of the rig, and 108% in 20 days - but the issue of new shares obviously played a big role in the MC soaring 152% over those 20 days.
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