NWM 6.90% 2.7¢ norwest minerals limited

Here is logic question. There has been a share placement today....

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    Here is logic question. There has been a share placement today. Someone has agreed to put in a lot of money. Had we been given such an opportunity would we just go "good idea. Here's a $1m. Hope we find something" or "I'll got someone who knows gets to review the proposal before i invest $1m. I'm not relying on luck with my $1m". So does this mean that there is something of real value that will propell the price significantly because if i put up $1m, i wouldn't be looking at a 20-50% return.
 
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