If this has already been answered or discussed apologies but...
BFS is expected to be released soon with financing expected to be completed by end of June (correct me if I am incorrect with this).
Why would you not wait for the BFS released then do a CR if the company is confident the BFS is expected to be good - at a higher SP!?
I last remember we had enough cash for another couple quarters if not longer based on last quarters cash burn.
With the soon to come releases of announcements we are expecting, seems to me this is a very bad decision... although, I am not privy to information the company knows and may have very good reason for this that is somehow beneficial and is the right more even with the above expected outcomes.
We shall wait and see... but not happy with BB at the moment and our newly appointed FMG superstar... better be good reason for the greater benefit of shareholders.
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