Damn, they heard me....
so, Robo, in what form will the capital raising be? I really dont understand enough on the finance side of things to visualise the possibilities.
I just hope its not the issue of 1,477,777,777 shares at 9c to "sophisticated investors" to raise the $133 million....they've got quite enough. What else were you thinking of where the 9c share price is a factor?
Also, shouldnt that $2.33 million placement made on Dec 24th have been included in the quarterly? I note we had $240,000 cash at the end of December....with a projection of $1.2 mill administration costs for this quarter? Isnt that a bit steep" And a projected $500,000 for exploration this quarter?
Funny, we havent heard of any exploration & the quarter is nearly over....
and now my head hurts...
GZ
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