RIM 3.23% 3.0¢ rimfire pacific mining limited

Tryingto get my head around rejection of the Billis funding....

  1. 24 Posts.
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    Tryingto get my head around rejection of the Billis funding.

    BillisFunding

    $4.2m - 100% certain

    Placementat .8 cps to raise $1.7 m – 33% premium to recent placement

    $2.6m underwriting with no underwriting fee

    Giovinazzo's "GPR" funding

    $0.7m but highly uncertain

    Conclusion– Billis funding 6 times as much as Giovinazzo's "GPR" funding and far more certain


    BillisBoard

    Billisone of Australia’s best prospectors with multiple large discoveries to his name

    CurrentBoard

    Has any of them ever made a discovery?

    Questionfor Rimfire Board – if the Billis Funding was not in the best interests ofshareholders, why don't you tell the shareholders why?

 
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