However, this could also emphasize how confident they are that...

However, this could also emphasize how confident they are that with the drill results. they might think the results have the power to catapult the SP back up.

I don't think so. I think they took the opportunistic approach. Me, if I was a director, and I held a decent quantity of shares, and I wanted what was best for my holdings, and I was extremely confident with drill results, I would have raised the minimum and had another raising when the share price was much higher. Remember as well that approximately $2mill is to be raised with RMXO option conversion. Potentially there may have not been a need to raise money for many months down the track.


Mak,

I guess we'll have to see how the day plays out.