Niclou I know this placement looks like a kick in the teeth and obviously will affect the SP tomorrow BUT have any if the fundamentals changed? Aren't we still at the crossroad where we need to drill and confirm what is there one way or another? If there is something there won't the SP bounce significantly anyway despite this placement. Remember the key word is they want to use the funds for working capital but more importantly towards the drilling campaign. So really must be supremely confident if the environmental permit coming through soon and the renewal a short time afterwards?
What are your thoughts?
MLS Price at posting:
1.8¢ Sentiment: None Disclosure: Held
