My timing was perfect!! and on cue!............. "15,550,000 shares issued at an issue price of $0.075 per share, to raise $1,166,250". 15 550 000 is a strange number, I wonder why they did not raise a round amount?
My credibility is shot as I have made these predictions before, but I believe this is the end of the cheap fund raising.....things must tick up from here, why, because:
- the amended resource must(?) come out within the next fund raising cycle;
- drilling results on the other targets must come out within the next fund raising cycle;
- there has been mention (after a long silence) a number of times recently about the diamond exploration project and my view is that results will start to flow from this project within the next fund raising cycle;
- its a good time of year for the company, historically the second half of the year is good for the company's share price (see the trend over the past 8 years, it usually spikes about this time of the year);
..................
DYOR as the above is based on wishful thinking!
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