They've done a placement to a person, who has his own geophysical team to immediately help COY immediately advance there queensland project/s. It's quite obvious in the announcement, that the person that participated in the placement won't be selling any of his shares which is a very positive sign for COY and a good move to. I see limited to no down side for COY after this move. On the bright side and the most positive is is that the market is happy with this.
They've done a placement to a person, who has his own...
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