Well done good call @tradiesmedia but i wouldn't celebrate yet! Who will be participating in the CR, is this using the 189million shares remaining in our placement capacity under rule 7.1A to be issued to our potential lender as an upfront payment for the $40milliion funding they were in negotiations for. Could explain why we were stuck at 1.1 for a very long time and during a week despite gold taking off. Wouldn't want price to increase too much affecting the VWAP????
I'll be waiting for the details before I get a huff and a puff on this myself. Have a good weekend and congrats on the trades
If this is merely a small placement to our new lender, you may have sold yourself way too short.
BLK Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
