Interesting viewpoints by everyone. Agree that the price at 4.4c for the raise is quite a significant discount and the timing of the raise is not explained. I was wondering where they were going to get the cash to do another 14 drill holes at Boda.
Only a couple of weeks ago we were all very pleased to see the DD core with visible gold. Whilst we wait for assay results which should be in the next 2 or 3 weeks, I would suggest the Geos have reasonable idea as to what will come back.
The plan outlined will deliver a lot of results over the next 12 months.
All the best.
KKR
Ann: ALICE QUEEN RAISES $7M, page-25
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