it would be good if someone had some intel via their broker contacts, on who is underwriting this and at what price ??
hoping not far off current levels with a nice accompanying update on current drilling and also the new acquisition and its prospects, would send the shareprice into orbit !!
don't give away the farm Ian at a heavily discounted price. we still had $3 million in the bank, so this must be a major acquisition to have to raise capital - would you agree ?
check out CAE (copper/gold/silver QLD), which I hold a fair amount like I do with CPM and their recent raises are more like private placements and Tom always does them at a 15% premium, lol...
CPM Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
