Today we see Sandfire Resources with a Approximately $50 million...

Today we see Sandfire Resources with a Approximately $50 million fully underwritten placement comprising:
~$41 million placement to institutional and sophisticated investors.

Will Indago be involved considering the earlier director connection?
This placement is a positive alternate investment within the resources industry?
There is however a timing issue considering Indago are still in the trading halt until early March?(my opinon only)

This is only my opinion but investments along these lines will strengthen the credibility of the new management.