Well this certainly came sooner than expected. I thought for sure they would wait until after the Cononish mine decision. I'm more than happy to participate at 5c and apply for shortfall!
These funds are for exploration so I think they will/ must do another cap raising for mine development yeah? But that would start in less than 3 months. Would they do two cap raisings that close to one another. Seems odd...UNLESS they are planning a JV with someone that is contingent on the mining application being approved. Ah Ha! THAT would make sense yeah?
With this cap raising there are still fewer than 200m shares on issue.
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