Beech, $4m raised at 16c, which is great (basically the high we've seen) additional 25m shares + 172m = 197m at 20c = $39m market cap (they own a gold mill worth between $100m - $150m , with >2m oz's at present) Yes, unfortunately placement went to insto's so we missed out, but I also consider this a positive, as stock is in safe hands & they will be on hand for further support News on gold production funding is imminent.
I'll be holding on, see presentation (released this week) it will offer a good guide to the value in SAR
DYOR
SAR Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held