Pretty Vanilla raise. Good to see we are well capitalized, would have maybe preferred they did it after some positive drilling results and at a higher SP. But they have the funds now to concentrate on drilling for 6 months. So I give it a plus.
Also no shareholder options which is good, some given to the capital raisers but doesn't seem excessive.
Will this get sold into or handbrake off? Doesn't look like sellers on the open.
KMT Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
