re: Ann: $50m capital raising to accelerate d...
Hi El,
I agree that the amount of the raising is more then most of us would have anticipated.
But on the other hand we are here dealing with a company that has BIG plans and grows very vast in value, reserves and soon we have our first cashflow.
We may just have to accept that we are here dealing with management that are hands on and that this extra cash will be wisely spend to add more value.
As we all know the directors have plenty shares themselves and would not make this move if it was not to their benefit regarding their large holdings.
I will be oversees for the next couple of weeks but just on time back, if all goes well, to take part in the placement.
And I am only doing this because I have confidence in the management and the future outlook of this fast growing explorer and soon to be producer.
jojo
BOW Price at posting:
$1.38 Sentiment: LT Buy Disclosure: Not Held
