for some context no insto in their right mind is going to be...

for some context no insto in their right mind is going to be buying in into an explorer this size no matter how good its CV is.

cap raise or not, look on the bright side. it's hard to argue that the project is not making any progress.

and yes buyers should be aware that it's purely gambling/speculating.

whoever calls any type of transactions in this range of the market "investing" needs to seriously reassess what their definition of investing is.