From AFR
"Orocobre's broker Canaccord Genuity will call for last bids into the institutional placement on Tuesday morning in an effort to have the deal done at 3pm Sydney time. The price was set at $2.55 to $2.75 a share and fund managers were told to bid in 5 increments.
It's the sort of junior resources raising that wouldn't normally catch the eye of too many fundies. Orocobre, though, is getting a reputation for delivering what's promised, having taken its lithium project from feasibility to production and tapping equity markets along the way.""
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