After further thought I am sure Ron wouldn't unnecessarily dilute his own performance rights.
I am sure theres a $$ or logical reason as to why he's done the raise,
very exciting times ahead I think - both gold and antimony processing isn't some novel thing like Rare earths processing
Our balance sheet isn't stretched, and even if we get some debt with our near term FCF from surface level deposits in Clarks Gully or restarting existing mining areas + the tailings facility with a high gold g/t content we shouldn't need much and it'll be quick to pay it back.
I am incredibly hopeful that if we drop further, the insto's locked in at 52c will start getting a little bit excited and help buoy us back up - I reckon their Investment committees may need a bit of time before committing further capital in the absence of news flow etc. but I think if it goes sub 40 they will be buying
LRV Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
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