"there will be a CR, but it will be after Pokali drilling results
unless the s/p suddenly jump up to 20c+ or higher than there's no reason not to raise money above that price
but at current s/p, its still undervalued, with a lot of news flow in next month or so, management won't be silly enough to kill the momentum
unless the current drilling doesn't show good sign."
hmmm.....
I know CR at 10c is much higher/better than last CR at 3.3c
but DD/RC drilling results (Pokali) will be out in next few weeks (June/July)
management should have some idea of the results
so we can expect average or below average results from current drilling program, imo.
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