Ann: Trading Halt, page-6

I have never understood why CNJ did not undertake a relatively large cap raise during the cobalt craze in 2017-18. They could have raised at 4+ cents without too much trouble. Me thinks they will look to issue 100 to 200 million at around 1.5 cents to cover the exploration cost in Greenland and the waiting period until Mt Thirsty becomes more attractive, IF the EV revolution pans out the way the market experts are saying.