I still think this is a joke.
There are companies actually mining gold that can’t raise a cent and these guys that have continually destroyed shareholder wealth and have a proven track record of not achieving much, have US$60mill thrown at them. Something smells here.
Someone knew this announcement was coming yesterday and yet still dumped over 70mill shares so they see through this BS.
No update on the capital raise in the announcement so I assume it can’t be going that well or they’d be shouting it from the rooftops.
Ann: Market Update, page-6
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