This placement was super tight and in heavy demand. I was offered to participate but did not as the amounts offered were low so stayed out as have a significant position here already. The fact the placement was done quick and only a smallish amount suggests CGM are very confident with what is unfolding on our projects and just wanted a quick cash hit to go full steam ahead on drilling the graphite project and continuing works at the Brazilian lithium project. Management hold a load of shares so they diluted very low to go full steam while teh market is hungry for these battery metal assets we hold.
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- Ann: Placement to Fund Exploration on Lithium & Graphite Projects
Ann: Placement to Fund Exploration on Lithium & Graphite Projects, page-28
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