CAE 0.00% 5.8¢ cannindah resources limited

no they wont have to just yet.and if they do, it is always done...

  1. 26,328 Posts.
    lightbulb Created with Sketch. 317
    no they wont have to just yet.

    and if they do, it is always done at a 10-20% premium to current shareprice to a private investor as a placement for $1 million.

    or maybe they will wait for the JORC to be announced and Hole 11 (which should be super impressive like Hole 10) - which will see the sp in the
    40-50's range and do a spp then.

    its a win win all round if you are buying at current levels...it is much cheaper than what the private placement or spp will be done at.
 
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