massive turd drop on the last raise..no wonder those guys told mgmt to F OFF
During the quarter the Company announced it had received firm commitments to raise A$1,478,346 (before costs) via the issue of 123,195,548 new Ordinary shares at A$0.012 per share that includes a 1-for2 option three-year option exercisable at A$0.03 per share
Gold Links Mine obviously not going see production anytime soon ??
US GOVT funding also nil interest ..
Don't know if I really want to throw more funds into this ...
just under Billion new shares .. + 500mill+ opts
Gold at record HIGHS DTR hitting high grades ..market NO THANKS
Ann: Expanded $5.8m Rights Issue, page-7
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