KRR 10.0% 1.1¢ king river resources limited

Ann: Placement, page-12

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  1. 5,816 Posts.
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    Fantastic result given what the last placement was done at. Proves to the market that there are those who obviously believe in the story and want to be part of it.
    Placement price was a higher price then the last 5 days average. Tony Barton now has the money to go and drill Mt Remarkable with more vigor then ever before.

    When you have 1.1 billion shares on issue, 40 million extra does little to dilute the company.

    Very good result in my opinion.
 
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