Small cap raise at 2.7c for ~$8m - significantly less than the...

Small cap raise at 2.7c for ~$8m - significantly less than the 15% they were able to do and not much a discount.

Will be used for working capital as they increase production ramp-up and exploration ahead of schedule.

If 2.7c is the cheapest they could get it to - provides a nice floor for the stock - though some lemmings will probably sell into this.

A bit disappointing but the story hasn't really changed and should still end happily.