"The mention of a $55m capital raising is quite humorous."
Could look at it from another perspective - a CR provides less financial risk in the scenario where production doesn't quite live up to DFS projections (a.k.a. GCY)....business viability can go sour real quick with large debt obligations and little gold being poured.
Ann: Ora Banda Completes Davyhurst DFS, page-48
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