'The proceeds of the capital raising will be used to meet the Company’s financial obligations stemming from the slower than expected ramp up of gold production in the March 2009 Quarter at its Wiluna Gold Operations'
Yeah yachty, make sure u keep a close eye on the bottom figure (how much money in the bank) at the next qrtly, as quoted above from one of their ann 'capital raising will be used to meet the Company’s financial obligations' we don't know how much of the $28M is going to be used for debt ugly
AXM Price at posting:
16.2¢ Sentiment: None Disclosure: Not Held