The market already knows that a big resource upgrade is coming and the share price was starting to get attacked by shorters after we hit a double top on the charts.
This was perfect timing so why hang on to try and get another $20M from the placement.
When this gets fully up and running we could be generating up to $700M in surplus cash each year so an extra $20M now is irrelevant in the big picture.
Just be happy we are up 15% today as the market clearly likes what they have done.
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