Did you put that spreadsheet together
@GravityWaves?
You must have way to much time on your hands?
Personally, I don't think this raise will exceed our 10% placement provision. (15.8M shares @ $1.??)
My thoughts are it will be institutions and sophisticated investors and us common shareholders will get $0 and dilution.
The price action seemed to suggest something was brewing, someone was smacking this down at every opportunity on very small volumes despite POG rising and other goldies going up and our SP moving up during trade only to lose its gains daily in the Arvo on Micky mouse volume. It appears the breaks had been released just prior to our resource update. I'm keen to find out what instos are joining the register and what price?
Hopefully it's NST next door wanting a position? as I have said in the past that would be an absolute dream.
I think with production about to turn the corner and our resource and reserves increasing due to a highly successful drilling campaign surely someone will be keen at these prices to build a position.