Why would AZS regret the raising? $37m with acceptable dilution was a stroke of genius. They can drill lots of holes and don't forget they are going to drill the Turner River gold prospect soon. And it means they can plodding away in Mexico.
A SPP would have raised bugger all. I wish we did get the chance, but for the long-term I am happy with what they did.
Ann: Andover Hole 0004 Delivers 16.2m @ 2.09% Ni and 0.75% Cu, page-27
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