Considering PNN has a rediculously low number of shares I was always expecting a capital raising to happen sooner or later. It's a good thing IMO. We don't want to miss out of great opportunities due to lack of funds. This is the time to be taking advantage of cheaper leases and assets before the next mineral boom. I'm expecting the capital raising will be in relation to either purchasing Argentinian leases/projects and/or developing the Crocker Well uranium mine.
PNN Price at posting:
35.0¢ Sentiment: LT Buy Disclosure: Held
