As an aside:
I spoke to the MD of a gold mining company which has Dr Mick Ruane as a shareholder. The level of respect for MR is extremely high. He's one of the smartest, I was told. First in the office every morning, the last to leave. Honest. Energetic. Prepared to put his own money into ventures etc.
So yes, we have a fine, thrifty person in MR.
But is the capital raising going to be good value for shareholders? You folks decide!
On my part, I will have to dig deep to cough up the few hundred thousand dollars needed to take my full entitlement.
BTW, when do we have to cough up the cash, does anyone know?
RWD - A Billion Dollar company?, page-61
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