Every company needs to raise during their journey. I just can't see the company undertaking another raise right now when they don't need to. If they are forced into a raise, it will be because they hit something incredible, and the market will force management to ramp up exploration in order to confirm the size of any potential discovery. Otherwise, management will likely take it slowly and await confirmation from assays IMO.
Ann: New Bullseye Gravity Target at West Arunta, page-45
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