Going to have to disagree with this ...
Original plan was $2.5m at 6c (1.2c), it has been changed to $5m at 8c (1.6c) and from what I'm hearing the guys pulling the strings are taking up a large chunk themselves
It's funny how when a backdoor announces a raise at a price, retailers think that that price is what it is worth - fat chance for any of us getting stock at 1.6c - they have managed pre commitment from cornerstones and Sophis for this in 4 days ....
Based on this anny it is worth 3 cents (eg RYG raising at 2c and trading as high as 6c)
Going to have to disagree with this ... Original plan was $2.5m...
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