"I am trusting Bill on this and actually only last week
I did wonder where the cash was coming from for
both, as we had to do the dreaded CR for Woodlawn."
Billy boy had already given the answer
"The proceeds of the Capital Raising will be used to:
o Accelerate the development of Pioneer Dome (subject to successful completion of the Scheme), including drilling, metallurgical tests, approvals and updated economic and mining studies
o Payment of stamp duty and associated costs for the proposed transaction
o Prepare for the resumption of production at Woodlawn, including ongoing underground capital development which will significantly de-risk the production re-start
o Undertake further drilling at Woodlawn to follow-up on the recent significant exploration success and continue growing the mineral inventory for the life-of-mine plan
"I am trusting Bill on this and actually only last week I did...
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