Ann: West Arunta Project - Luni Assay Results, page-296

Anyone rumouring a cap raise is questioning the management of this company as seen in this quarterly report from the 8th of April. Approx 14.8 quartes of funding. For the record I dont think the funding will last 14 quarters but implying a cap raise in the next few days prior to MRE is crazy.
We used 3.2 million worth of funding and had 50million in the bank last quarter.
Regarding your statement about 'deeper zone' which is why you think the raise is possible the company said today 'The potential for primary mineralisation in the deeper unweathered zone is considered significant and will be tested at the appropriate time' Wording implies to me that it is not the priority right now especially for a cap raise. Extremely dissapointing from anyone rumouring a cap raise prior to MRE especially existing holders.
Show your source regarding the possibility of your cap raise or the company saying they may want to fasttrack the diamond drilling.
Not financial advice