The thing is I'm not expecting the next drilling results to be mediocre. Azure could have snatched the whole 37 million. They could have used those extra millions to hopefully find what they are looking for in those multiple pegs. But no I'm thinking they like what they are seeing already and are not looking at giving the company away for less than it's value.
The mix of new investors in the new 100 million raise and how that power aligns with current top shareholders including SQM will be intriguing.
It's not everyday you hear of a company where
A/ They get first drill results in was it April and then
B/ Raise 100 million and talk about going drilling for the whole of 2024
C/ Snatch up land around their current exploration targets.
Drilling announcements seem to be held back for a clean capital raise and here we are ready for next week.
Giddyup
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