I really cannot see how it can be positive for existing holders. They have said they have been fielding calls from all round the world. It's obvious everyone wants what we have.
Once JORC is released, the company would be in the best position to make the best deal.
I still have faith in the management but it would have to be a VERY good reason to raise now so close to JORC being released.
Who was it that said "there will be no major CR before JORC" was it AH?
capital raising, page-14
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