ASX Peers- $DLI 275mill cap, $WA1 145mill mcap, page-23

I always thought it was good value down the lows 1.5 to 2 cents, but I was constantly reminded by someone of the need to raise cash !
Obviously better to raise higher than the lows if under 2 cents, so well done to manage in that instance.
So now hopefully they will have some coin to get the drill bit spinning, that's what this game is all about.
Hope it turns out well I won't get back in now as the capital structure will change, but as a previous very small holder , the last thing anyone wants to see is raising at the lows which most ASX listed spec stocks do, so it appears this has turned out ok for management, will be interesting to see at what price and importantly who too and most importantly if free options are attached at a low exercise price, that will be the giveaway in my opinion.
Good luck all