The $240-260m question!
IMO why would you announce the raise 1 day after a significant announcement, you'd want to give it a week or 2 for the average price to solidify at the higher level. So therefore maybe it's a part of the requirements to lock in finance.
Of course they'd bloody well say that during the offer you'd think so all just wishful thinking.
I'll be attending the Noosa mining conference, where they're presending, and hopefully be able to ask a question or two of the gang.
Ann: $16m Placement and $10m non-renounceable entitlement offer, page-34
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