Have they found a project??
The same day the halt for a raise they announced the appointment of a mining finance specialist to oversee project acquisitions.
Obviously the entitlement offer last quarter was to keep the lights on but the estimated funding available was 2.7 quarters so one can only assume they've decided on funding for further drilling or funding for project acquisition. Found out next week I guess. This is the only management team where capital raises are almost a good thing! At least their track record suggests so.
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