You gotta love the way he announces a capital raising... "Appendix 3b" that's it, minimal explanation.
What happen to that debt finance he talked of previously?
On the flip side, raising a minimal amount at 2.1 isn't that bad. 500k into the coffers and drill results to come. Another raising after good results with a higher price would be nice.
20m - 30m MC (or 10 - 15c sp) on good results imo