17 million is waaaay to much money for that.
Dont forget we drilled Berinka, double Jimmy's salary etc., last year and still INCREASED our cash holding by a million dollars due to options conversions.
There are still more oppies to come in.
No, there is another game afoot, else I don't see how this raise benefits holders.
Ann: Successful $12 Million Placement to Accelerate Exploration, page-49
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