What I think happened is NWC had an agreement with Euroz to promote their stock at the Rottnest conference. There was interest so, with follow-through on CU prices they decided to raise. The job of the directors is to raise funds to grow their business. They did a few years ago at 9c when there was a High Cu price (and then it fell). They're doing it now when there is interest and a higher Cu price. They don't know the immediate direction of the Cu pice and nor do we. We think we do. (and did so at the 9c raise).
I don't have the slightest problem with it. I'm here to build a Cu producer and I'm happy with progress so far. I suspect I had a little more realistic expectation of the difficulties in that than some of the earlier investors who bought the story it would take 2 or 3 years.
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