It’s sad these days Mr Lane can’t even arrange a pump before capital raising like in the past to minimise dilution. Will be interesting to see how much Bruce contributes towards the capital raising as he contributed nil to the past 3 capital raisings which proved to be a wise investment decision. Can’t see this one being any different as the market not interested in further low grade uneconomical and unviable grades.
Ann: Rights Entitlement Offers Underwritten to $1.6M, page-7
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Mkt cap ! $12.02M | |||
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