I am hoping that this capital raising is more focussing on expediting growth activities than just keeping the daily account full. There was mention previously of customers being on site with intentions of increasing the tungsten output for their consumption as they needed more. With any luck this is a multi-faceted package with the end result being expedited growth feeding customers ever increasing demands for EQRs tungsten.
I wait patiently for the announcement and am hoping for management to impress again. If it is a CR at discount to keep the operations going whilst waiting for the 6million grant and 10million royalty with any luck its a relatively small raising with out too much dilution.
Add to My Watchlist
What is My Watchlist?
