another institutional capital raising

Hmm... what's with it for gold mining company executives to offer equity capital to institutional and sophisticated holders only? This seems to be the trend - KCN, PRU, MML have done similar in the past. This is the second equity raising by SLR in the past six months. This time they are bypassing us.

Hands up if you differ from my perspective that we should be able to take part in the equity offers? Or do you feel that we are being spared potential downside risk?

The disgruntled complaint aside, the Murchison mine being put into care and maintenance sounds positive, yes. So there could be a nice turnaround in the stock price from better operating cash flow going forward.