Well Bearpit, on the 20/10/21, when they made the announcement, I believe they had $1.8M in subscriptions. Since then, with computershare ringing up shareholders, they could easily have $3-4M in the SPP, enough for more exploration of their ionic rare earth elements to prove up grade and its economic value The problems are manifold: could you trust these guys? They are not sales guys?. Surprisingly, so many of the SH had taken an allocation of shares in this SPP. These SHs must be fairly new to this stock, and not privy to the long, long history of the company’s non performance.
ABX Price at posting:
11.5¢ Sentiment: None Disclosure: Held
