Cheers Warnie.
Don't get me wrong, I consider that the SPP to raise up to $3.61 million is an excellent way of rewarding loyal shareholders and the directors are to be commended for that. However, I still fail to see how they could spend $14.6m in such a short period.
For my mind, they should have raised around $5m as a spp. IMO, if the initial drill results meet their expectations, they could have easily cap raised an additional $5m @ 20 cps from instoes etc.
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