EMH 0.00% 29.0¢ european metals holdings limited

Ann: Successful Placing to Raise AUD14.4M, page-16

  1. 3,657 Posts.
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    Where is the 7mil that we raised previously? Don't tell me it's gone. did we ever see where the money has been spent? Isn't the money that we've got for the sale of the 51% of Geomet covering the Cinovec expenses? Are we paying for the DFS from our own pockets? No. This raise at this level at this point in time makes no sense at all. Over the past four years KC has managed to raise money always at the bottom instead of the middle or the top price. For me this is called incompetence.
 
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