Clearly the insto's are able to have the sort of conversations we cannot.
Though Hawkes have thrown over $7m of that $12.7m in themselves.
The company will be worth approx $68m once all the shares are printed. With perhaps $25m in cash.
E/V of $43m. Sheesh.
I struggle to understand why they are spending $1 on more drilling. Just strip the other main pit and make some money. Nothing else should matter.
Ann: Ora Banda $20M Equity Capital Raise Update, page-2
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