Happy for the company to be in a stronger financial position and believe it is the right move heading into this critical time.
What I disagree with is the heavy discount to which the raise was carried out at. The name of the game at any early stage in an explorers life is to minimise dilution this hasn't been done on this occasion.
We have heard the term creaming the curve thrown about, heavily discounted capital raises at this early stage is like watering down the icing on the cake before you make it. In the end it's never as good
Not stopping me from holding ... luv a good punt
Good luck all
From LSE on proposed raising, page-102
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