Can anyone help me understand the selling? I can understand soph and insto placement participants selling down to say 0.1 to achieve the arbitrage, but why sell down to and beyond the cap raise price?
20/01 - Trafalgar discovery announced
25/01 - additional holes at Trafalgar announced
09/02 - extension of the discovery announced
With drilling to commence in the coming days (as announced), history tells us that within 3 weeks we will likely hear about assay results from further extensions to the discovery. JOCMEG seem to think it will be extended? What am I missing? This is on top of the 100% owned ground drilling that is commencing concurrently?
Ann: Quarterly Activities and Cash Flow Reports, page-19
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