The raise price looks disappointing at first glance.
Having said that, the initial raise is going into safe hands, and IGO have certainly shown their intentions and interest in our land.
Also, the SPP will take some time before those shares hit the boards, and that line up of drilling programs and prospects mean that by the time they do the SP may well be well north of here and hopefully the liquidity and news to absorb the selling at that time.
The free attaching oppies could also make this a real reward for current holders deciding to participate.
So overall, I think in 12 months time we will have a very different looking company with a MC and share price at multiples of this level.
Exciting 6-12 months ahead, full of activity and announcements.
Milesy
BUX Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
