Well its not over yet! …but usually there is a retreat to the capital raising price of $0.96 in this case.
Maybe the Canadian “Flow on factor” has some effect. ?
Maybe becausethereis only $5 mil shares made available in the SPP to aussie investors?.
Maybe selling a few now well above $.096 to fund a buy - back in via the SPP has proven to be something frowned upon by the allocators of shares in the SPP.? Its hard to get the full allocation!
Maybe FFM fundamentals are so strong the market continues to value the opportunity well above $.096 anyway?.
Maybe extra drilling $ are seen as important and essential?
Maybe being well funded makes any negotiations re Pickle Crow a strengthfor FFM.?
But do we have enough $ now to actually mine some copper and gold with future dividends to investors?.
OR will management just sell off Pickle Crow Gold and Ming Copper before any dividends flow to we investors?
FOX
(20min delay)