Drill credits? no. It was a cap raise. I am having trouble understanding this move. We have ~ .5m in the bank, .5m credit coming. Drill for equity so little to no expense for drilling, ( that would have to be confirmed by the agreement ). They put in an ann back in Aug, that they were awaiting a rig. They don't ann that drilling has commenced, which could have put some excitement in the sp. Only in the cr ann do they confirm that drilling is completed and awaiting assay results? I put this down to a geo running the company. It makes it look like the results will be nothing to get excited about, otherwise one would wait for the results before a cr. Why do a 7.1A exercise so soon after a cr and before the results? Something is a little obscure to me. Kind regards, Wack.
AAJ Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
