If the aim is a capital raising for the company -
1. Why if we have $6m in the bank
2. Why raise at 2.2 cents if we don't have to. Surely with all these supposed great projects coming on line 2.2 cents would not be where you want further dillution.
As I said before - GREED....
We have had many capital raisings since Derek came into SSC. He has never managed to use that money to increase shareholder value. All he as done is blow it...
How much did we loose the last time he dipped his toe in Africa ? Well over a million I seem to remember...
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If the aim is a capital raising for the company -1. Why if we...
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