look at it another way....if they came out with a really bad set of results a day or two after closing a CR they would be in all sorts of trouble. You can not do a raise just before you announce bad news and expect to get away with it. That says to me the next drill results must be at least decent enough to continue the story.
They now have the funds for a really busy period into mid 2021 - presumably enough to get into production and ongoing cash generation - so then we have decent cash inflows for a few years to fund exploration on great ground for the big targets that will really excite the market but without the need for a CR.
look at it another way....if they came out with a really bad set...
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