basically raising money for milestones that should have been funded out of the last raising e.g. JORC, met tests
its a bitter pill to swallow when you see a company like MOZ with a $15m market cap and a few unexplored graphite tenements...MTA should be able to raise money at a lot higher valuation but instead they dilute shareholders by 50% to raise $3m at a $6m valuation
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- Ann: Oversubscribed Placement to Raise $3m
basically raising money for milestones that should have been...
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