Key takeaway here is following statement by SVAt Matilda South,...

Key takeaway here is following statement by SV

At Matilda South, drilling costs will be co-funded by the Western Australian Government to a maximum of $180,000 under Round 25
of its Exploration Incentive Scheme (EIS), whereby drilling and reporting must be completed by 31 May 2023

So to get the money to be able to drill Matilda South whilst sill working on the exciting Central project seems to be the driver of the raising. They want to keep drilling at central as results are exciting but need t get Matilda South done at the same time so as not to miss the government co-funding which has a specific end date. Smart move and news flow on two fronts to build SP up and do next raise in the $s value...

Drill hole 3 still turning round and round... expect results mid week most likely...

Missed total raise amount by 400k so there are some cautious investors out there. Suspect it wasn't marketed widely so as to keep the register tight as there aren't too many holders in any case. .