I think it is pretty good timing. The price has stabilised near recent highs and there is a lot more drilling to be done. The management team have proven over the years they are prudent with the cash so hopefully some SI's have just jumped on board with $2-3mil at 4.5cents a share.
A few more holes into Kempfield and a Pre Feasibility study could be on the cards? I think that would get some attention from larger miners in the area.
Capital Raising, page-2
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Mkt cap ! $23.10M | |||
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