Its great news imho.
Kojak78 explained it perfectly.
CR fully subscribed and paid, quite small 10% is NOT very dilutive at all,
large holders coming on board looking for the multibagger
$5M cash injection
"operations are essentially bullet-proof"
High grade ore from OC on its way next year & fastracked likely Q3 large production inflow
road and bridge being built
20-30 drill holes being assayed with results pending and phase 2 drilling underway
AISC low at U$824
AVRP still good at 1213 with now spot spiking to 1255
when did we last see POG go KABOOM up U$14 in 2 hours like this -
AVRP just boosted FCF by another U$1Mpa on POG alone.
Expect a boost on reopen if backed up with more good news & a major INSTO takes 10% or if Ruffer boost holdings to 15%.
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Its great news imho. Kojak78 explained it perfectly. CR fully...
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