"ORD has commenced a capital raising exercise" - but at what price? a severe discount OR at a premium. The latter would be good news for holders.
Field season has closed for east Kimberley. Wonder if it is inaccessible now due to wet? Will be inaccessible by road soon, if not already.
Capital provider would need to be experts themselves or need expert advice on Copper Flats. Presumably the 'expert(s)' have visited the Copper Flats site.
Maybe the backers are doing it on the strength of the SE Asian bauxite alone. Can you advice please doc, Happy Chappy?
A large volume of photographs that allow visualisation of the site and the mineralisation and its setting would probably clinch this one if it is what ORD suppose. Wonder why they haven't done this (seeing that it is potentially Australia's largest copper find ever)?
VAN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
