You can never be sure on CRs - I've misjudged boards before.
But it would have seemed much more sensible to have raised near the peak if in fact their plans suggested that funds were going to be needed.
Given we are now less than a month from the resource update and any share price increase that may generate then there is even less reason to raise now.
What is of most interest now is how much bigger the resource will be when it is updated.
I've read one poster on here citing a report that suggested about 850k Oz. I will certainly be hoping for more. If it is not high enough to prompt a takeover then I'm hopeful we will be toll treating surface ore before years end.
Do we have a mining license in place for any/all of these leases?
..
MGV Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
