This is an amazing achievement. $52m underwritten - not by a chop shop - Credit Suisse will make sure the book is filled with quality instos. We now have all the other instos sitting on the sidelines who were waiting for a CR to get in have been scuppered ... so now they will have to buy on screen as it approaches the feasibility study.
Not many mining stories outside gold have been able to raise +$50m in the last few years. This makes production a real/near term goal and management now have the working capital to hire people, get equipment ready etc.
NCZ Price at posting:
$1.34 Sentiment: Hold Disclosure: Held