Ann: Placement to raise $2m to fund exploration, page-14

I was away on other business when the announcement was released and not in range to pick up the news.I would agree that the details released of who and what is stumping up with contributions is extreme;y positive.I certainly think the fact that Ramelius is keen to maintain their present percentage says a lot about how they are now viewing Coogee and the intended drilling programme. The willingness of the others to participate certainly augurs well for the potential of a Coogee mine development in the very near future.
I am pleasantly surprised at how quickly this has developed to this stage, The $ 2 million raised should push this along very nicely. Go Coogee.