Im stoked to be honest to get it over and done with.
I thought we might be waiting to get some cash from a JV or suchlike but you are in a much stronger position even entering those kinds of negotiations if you need the money less i.e. you have good cash in bank.
Anyone know any details...Im guessing between 5-10 mil to be raised (Im hoping the lower figure to be honest as we will have an even high SP soon) at between 6-7c per new share?
The public have to be offered stock most of the time nowadays so there might be a few cheapies thrown to the rabble (us, ha ha!)
This money will be very well spent and they clearly have a plan in mind...it feels to me like they are on the scent of minerals and they know it so cash for drilling is what is required.
Happy to put my faith in management they seem to be doing a great job and once the question of funding is out of the way well there is nothing to hold us back, we will just need a little time, drilling and luck...
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