I would have expected at the very least, a PFS on Murchison to be released before any capital raising taking place for the specific purpose of developing the Murchison project.
Would they release this info together??? Use the PFS to sell the capital raising???
Given my limited experience, it seems a bit odd to raise money for a major project before shareholders haven't been told the details of the project.
New road, possibly.
M and A activity seems more likely.
Are SLR major share holders in any other companies? If so, are those companies undertaking a capital raising that SLR needs some cash to be a part of that Cap raising? To my knowledge this is not the case.
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