I'm still of the opinion as was mentioned by others too the other day that the $1.75m fee which Canaccord & Petra have taken is a load of baloney.. Seriously they could have gone to market with their own non-underwritten cap raise at or above the .68c and achieved the same result and saved themselves the fee, even at .65c they'd be marginally in front..
That being said hopefully we'll get a production update soon and further detailed information on how the money is going to be spent and the timeframes to ramp up production.
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