NPM 0.00% 1.3¢ newpeak metals limited

Ann: Successful Closing of Private Placement, page-7

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  1. 9,821 Posts.
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    id say thats a decently done placement - indicates good interest in that sp had risen through marketing but investors still willing to pay up so they feel relatively comfortable with the value vs risk in the stock

    not that it was a big raise

    intrinsically looks to me like fair value pre vs post raise would be about 1.5- 1.6c though who;s to say whats really fair value in a spec.

    congrats to mgt and holders. looks like a fair process was conducted

    bring on the next cerro negro
 
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