I'm hoping for a capital raising, and not a private placement to mates, which seems imminent. Company needs cash and can't even pay for management salaries and admin costs - which are ludacris for a company this size.
A capital raising - with oppies attached - should be good news. I will definitely top up. The transaction won't go ahead until April. So, still some time ahead.
I don't expect a new project until after this transaction is completed and money in bank.
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I'm hoping for a capital raising, and not a private placement to...
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