This is life in the junior exploration lane, get used to it. Even at the big end of town Syrah did a cap raise recently at .55 and they are .32 now, that hurts, but we are not going to suffer like that (I hope). Our fortunes are closely tied to those of Syrah, as you would know.
If it doesn't get back to .10 fairly soon, I probably won't bother taking up my allotment, but maybe I will take some so I'm not diluted too much. Wish we had got some options as well.
This will keep them going until early next year at least.
Ann: Successful Placement to Raise $1.8 Million and Proposed SPP, page-7
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