you don't need placements when you have a billionaire major shareholder.
Most likely IG will underwrite a rights issue. Punters can take up extra if they wish and IG takes the rest. Good luck to him.
They need $2million to get serious here. They need to fasttrack development underground now to see how good this lode is. If its good and we have 30k to 50K ounces at 15gpt its payday everyday for the next three years.
ORS Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held