That doesn’t seem too bad given the outstanding shares. Minimal dilution and a limited CR to cover all basis/check boxes? The smaller discount does appear to show confidence by the team in what they have and also wanting to “give” away shares. It seems more of an obligatory CR.
I’m in the same view @Poohbear. Hopefully this gets CR noise out of the way, we continue with Topdrill drill for equity and lower cash burn, and fingers crossed for some good results. The team are trying and are putting $ in the ground. I can definitely feel the frustration in share price action, and our losses especially from the peak. It definitely feels like death by by 1000 cuts to the mentality when we get penalised even on positive news. What a drag - but remember to focus on the facts. Tides do change and the team is working harder than ever. It’s good to see the team focussing on what they can do and I’m sure it’s equally as frustrating for them.
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