I agree, capital raisings are horrible and they're basically...

I agree, capital raisings are horrible and they're basically stealing from existing shareholders. They trusted that they were buying a particular portion of the company then get told some of their holding is pretty much being sold to someone else.


The announcement is sort of positive but sort of grim. I honestly think its starting to look like every mining spec stock which eternally capital raises, puts out vaguely positive sounding announcements, maybe changes their name once or twice then goes bankrupt.

I wish I had sold out last week, but no doubt one of the rampers here will be in this thread soon to tell us about the great news that's coming any day soon thanks to inside info from their friend of a friend ..