Yes perhaps. And if it is Im sure it will go fully subscribed and management will take a big slice. I actually hope there is a CR as I would like to see some aggressive drilling on the east coast copper/gold targets. Also would like to see some follow up drilling in the N.T.
If a CR I imagine they would go for 2-3 million dollars at hopefully 6 or 7 cents. I would love a higher priced raising where with each new share you get an option with a 10-12 cent strike price. Im pretty sure of commercial success at one of these sites and so would like there to be options in the market to leverage off.
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