I'm a little surprised to see a raise now with a load of cash still in the bank, I'm guessing maybe they want enough cash to really fast track exploration and possibly get in to the new tenements. Either way it will be good to have all the upcoming announcements of the next 6 months (met, JORC, scoping study etc.) without the prospect of a cap raise stopping the run.
Has anyone with an ear to the ground heard any rumours about the raise?
Ann: Trading Halt, page-13
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