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clock Created with Sketch. 03/10/17
23:00
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Originally posted by Spoilt
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I wonder what they were thinking particularly when the SP is much lower on market than through the offer - wouldn't they expect minimal uptake or do they think investors are fond of losing money. Now they've only once again placed another cap on the SP pending release of further developments for a month. Bulk sampling is due to commence a month after the end of the shortfall offer. Why the rush? At this rate it won't make a difference once funds are collected, concentrator selection and capital allocation plans and decisions made, they won't be able to utilise the capital in time at this rate unless they plan on delaying plans so why can't they do things properly instead of rushing into it. Although sure, better late than never? We'll see, I guess the term gold rush really has some underlying justifications.
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Have to agree with what you have said. More coin shaking and by the sell down today the market is not impressed. What on earth were they thinking???
