It wasnt from a pending capital raising, WR1 also went up, it had something to do with Canadian lithium along with the MOU ann etc.
Also we have probably 50mil cash left, a capital raising was always going to happen, what did people expect lol. I just hope they go for the flow through funding for the drilling side of things which will be cheap as and very little dilution.
Either way at a 1.5bil market cap, a capital raising will just be a drop in the ocean in terms of dilution.
PMT Price at posting:
99.5¢ Sentiment: Buy Disclosure: Held
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