BRB - Capital Raise, page-4

spp @ 24 cents.
Raising $23 million, quite a substantial sum for a small cap gold explorer.
A lot of drilling to come, let's hope they find a source.
Looking back, there was an opportunity in March during the COVID19 sell off to buy at 12 cents.
It's now going to be all about the drilling, good geologists are required.
It's probably a hold and wait at the moment on this stock.

In truth, with gold closing in on US$2,000 an ounce, it's getting much harder to pick new gold buys, because there are many "lifestyle" small cap gold companies on the ASX, run by sharks, who literally couldn't find water if they were in a boat out at sea. Fortunately, this is not one of them, because these guys are at least credentialed and experienced. Some might question the ego's at the top, which can kill a company sometimes.

Let's see how this goes.
Personally, I'm thinking of taking just a "small" top up in the raising.

Gw