Exactly. I suggested a cap raising a little while ago and members shot me down like a tonne of bricks. It costs money to drill, to fast track activities and why not raise whilst we are hitting new highs? I see it as a safeguard to maintain future activities for the next 1-2 years.
If the company raised on a share market pull back, what would you say then?
I am all for this raise if it means we are moving onward and upwards. Funded for the next few years for ~ $30M cash at bank. Sounds mouth watering...
Remember to keep it real.
Ann: Trading Halt, page-71
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11.0¢ |
Change
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Mkt cap ! $124.7M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $109.0K | 991.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1161344 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 57357 | 3 |
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