Small, disciplined capital raise today. Basically no selling volume today which is a great sign. The low 4% broker fee is also a sign they weren’t desperate.
Lot’s to look forward to:
- RC results of the high grade Congo Ya Sika and Kabigada SE
- Additional drilling maybe?
- Resource review with growth almost guaranteed
- Scoping study
- All whilst gold prices is showing some strength
If anything is going to trigger some M&A interest from neighbours or the Chinese, these will be it. 2023 mid year is going to be interesting.
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