the underwriting at that price plus a fee on top when the share price is so much higher smells like desperation
im very concerned that even with the options cash inflow the bank will be very skinny before the drilling is even near done
cap raise at near option strike price inevitable i reckon
ill wait for that
no point in upping holding here or in near future given time for assays results against cash burn rate
jeeez so underfunded
Ann: OPTIONS UNDERWRITING TO FUND EXPANDED NEPEAN DEEPS DRILLING, page-37
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