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Ann: A$10.4M Entitlement Offer to Drive Key Project Activities, page-5

  1. 3,175 Posts.
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    I'm out just sold , I can use the meagre proceeds better elsewhere. My family was connected to Leonora & everyone knows my deceased relative there & in fact one of the leases is named after his company . Don was bad enough , but these guys don't look like an improvement . My prediction is that this project will be mothballed & picked up by another company & then maybe proceeded with . These guys have lost too much cred. They couldn't even get all the major stakeholders to back the credit raising , let alone get this latest cap raising underwritten & looks to me like Sprott has had enough & wants their dough back - and guess who is going to give it to them, the bunny shareholders. It remains a nice little project for a competently managed company who can raise 80-100 million for a proper plant
 
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