Small raise to kick drilling into gear. If they were setting up a lifestyle company they would have pushed for a bigger one, decimated the cap structure and just milked it to a recap then rinse a repeat.
I dont mind a company that pivots to a new asset (within reason). Like the prospectivity of the ground and the jurisdiction is fine. I used the raise to take a few more and average down
In saying that the drill bit tells no lies so we wait and see.
Small raise to kick drilling into gear. If they were setting up...
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