Ann: Renounceable Rights Issue to raise up to $15.8M, page-196

HIO was fully funded too, yet their price went up despite needing more money. If not yet showing up then just wait for quarterlies. You can't have several rigs drilling for 6 months without burning lots of cash. Especially when you include all the extra work for BFS. they gave shares away to insto's so and I am wondering if the big pump at the moment is so they can access some more money. If that's the case then Kudos to them. Well played. But at the end of the day being funded till dfs may have been possible pre boom. Now everyone is trying to secure drill rigs and the labs are overflowing with core all your costs have gone up 30-50%. People also want better figures so you have to do more work. Nothing comes for free.