Ann: Trading Halt, page-38

Nah, a little cap raise of around $1m is nothing. Barely any dilution whether it is 3c or 3.5c. Also $1m is not much if they are starting an aggressive diamond drilling campaign so this suggests to me that management may be confident they can raise more again in the future (at a higher price). But is the raise for Swedish drilling or something else?? We don't know yet.

A much larger, dilutive cap raise which included a placement to existing holders plus tonnes of options would indicate a lack of confidence imo.

Any small cap raise will soon all be forgotten about and absorbed by volume if news is good today and if we see an ongoing stream of drilling/exploration results. I am just so curious as to what the acquisition part is. If it is a new project we may see a whole bunch of new buyers today as well. Not long to wait now - first target looks to be an easy one at 5c and then 6c and then the high from 4 months ago of 8.1c.