Seems a tad short to be able to pay for Mooiplats($3M)unless they intend going for another closer to the cut-off date.They say some is intended for work on Mooiplats but I would think they would have to pay for it before they start drilling.Cant see how they would debt fund the Mooiplats acquisition unless RMB or some other SthAfrican high risk taking banker would be prepared to fund them.Gets smellier as it goes.Wonder if ASIC will start asking some questions now.
Cheers d.
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re aim placement for $1.3m.
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