I'd assume the cap raising would more than likely be at a 10 or 20 day VWAP.
What's interesting is that Galoc revenue is meant to keep the company afloat and fund the exploration program. Why - when galoc is so close to producing reasonable revenue is the company chasing more money.
A placement was only done a few months ago.
Anyone have ideas as to why they need funding now as opposed to waiting for Galoc funding - sandy one for you buddy.
I'd assume the cap raising would more than likely be at a 10 or...
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| OEL (ASX) Chart |