Im hearing it was very hefty scale back on the raise, good sign in my view. Probably means it was all taken up by the inner circle at GBA.
At least now with any results the SP won’t be held back by a potential raise being on the horizon.
With all the twitter posts of samples in historical mines and the vendors knowledge of the area I think that they will be able to confirm Niobium in the samples and when they do there is no way this stays at $10m Mcap.
Long term there will be a lot more work required to confirm economics and scale but if they confirm it’s there then it think there is a good chance of multiples of where it currently sits in a very short time.
Ann: Trading Halt, page-128
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