Can we reach to that target?
SP is going up because of upgrade resource. However, I beleive that some banks are willing to provide funds (debt or equity) to CRE very soon.
I reckon $20m debt is much better than $20 equity because issued share will not be diluted. With current gold prices, CRE will turn around very soon.
CRE should only raise equity when SP beyond $0.20
$0.075 - 7/4/2011
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