Last time they released a NY preso they did a cap raising at few weeks later. I think they need for cash again.
The last 2 raisings have been done at a premium so expecting it to occur again, they seem to have a good corporate 3rd party working for them on this front.
Should we fear dilution though? IMO no, the benefit of cash in the bank placed a premium stabilises the share price by limiting short term downside more than out weighs the minor negative of dilution - they have enough gold and just need to get it out CHEAPLY
Oppies may be worth a short term punt if liquidity in them improves
Last time they released a NY preso they did a cap raising at few...
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