Good to see management putting in 300k out of their own pocket! Shows a lot of confidence, but not surprising given the current outlook of the nickel sector. They clearly have some big things planned to capitalise on the current market or they wouldn’t risk their own coin. I am contemplating which option to choose for the share purchase plan. Looks like it has a 2mil cap for the share purchase plan, I expect that to be hit.
This is my first capital raising with SGQ, I can imagine some holders who have been through 3 or 4 are not as positive. However for me it is all part of the risky business of any exploration company. The market has never been better so hopefully this time is it!
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