IPT 0.00% 1.3¢ impact minerals limited

Ann: Placement Raises $4 Million, page-38

  1. 120 Posts.
    lightbulb Created with Sketch. 117
    The cap raise was coming. I was surprised that they didn't raise capital before drilling at, Apsley. Damned if you do and damned if you don't aye.

    They obviously went in drilling guns blazing to hopefully get some early wins which would have resulted in a raise at a higher price. That wasn't the case, but they have all the right alteration indications to drill deeper at Apsley.

    The money is in the kitty now and they will continue to drill across the board at all projects. You don't make a discovery without drilling. Let's get on with it!

    Dilution doesn't matter when you make a discovery. Chalice at 2.3B market cap on record palladium highs. IPT at a merely 32M. This puppy has a long way to run.

    At the end of the day this is speculative investing, people.
 
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