PSL 8.33% 1.1¢ paterson resources ltd

Ann: Western Australian Exploration Update, page-57

  1. 415 Posts.
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    Sorry to rain on your parade @Oscar09 but none of the past CR have been underwritten by Brokers as they have all been done inhouse by the Company to save money on fees.
    The raises have been well supported by existing SH and new Sophs and I'm sure I read words confirming this after one of the last raises.
    Hopefully we hit something decent with our current drilling program so that any potential CR is done above these levels.
    A really good couple of hits would bring the options into play and if some were exercised this would give the Company funding to continue on without the need for a CR.
    Fingers crossed.
 
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