BGL 3.37% $1.87 bellevue gold limited

Ann: Strong drill results support LOM extension, page-8

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    I dont think they care too much about whether the 25M SPP gets filled or not. Its more just a goodwill gesture to retail investors.

    They already have the 106M insto placement in the bag + the 200M debt from Macquarie + existing cash at bank. The 25M is pretty inconsequential in the scheme of things.
 
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