@ozblue normally has his ear close to the ground on CR's etc?....

@ozblue normally has his ear close to the ground on CR's etc?. If there is a raise, it must surely be for the FFX not LLL, agree with @Karl89, if there is a raise with $70m in the bank already it has to be for an acquisition. Management have said all along its boring operating one mine, so what better way to raise a substantial amount of cash just before offloading your "sexy asset". Alistair loves doing deals and transformational ones at that so could get very interesting. With that amount of cash, i suspect its a mine of some sorts, rather than an explorer. I recall some knowledgeable posters talking about some of Barricks smaller operations?

Again all speculation until formally announced, but this has me very intrigued, on one hand it would be a bad look on FFX is they did do a raise only days after denying it, equally it would be a bad look on AFR printing another false article after being slapped down by FFX.

Bring on the announcement!

Best wishes to all holders.