Ann: March Quarterly Report and Appendix 5b, page-28

Yeh for sure. But the company raised not even 6 months ago and knew exactly what they would be doing with all the cash. They also knew that interest rates would rising which would put pressure on equities.
As said they also didnt raise a large amount of capital in one of the largest bull runs in history when copper price was running high. Instead of raising at $1 plus we will now likely be raising somewhere around 11 cents as things stand.

Not saying this company isn't positioned to do well I future but as i have said management are meant tk be looking after share holders interests. And personally i think any share holder is happy with the current situation then they are mad.