Ok, offer not great but I still think should be 45c or premium because it is oversubscribed and you cannot buy 15m shares at 45c anyway (if you want to buy 15m shares you might be looking ay 65c).
Anyway, we got the money hopefully we can accelerate drill program ASAP and deliver a monster. Sth Nights is 100% own unlike T1 which will need to work with CBH (they are very slow).
Ann: $6m Share Placement to Accelerate Southern Nights Drilling, page-3
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