NVA 4.76% 20.0¢ nova minerals limited

Capital Raising

  1. 3,567 Posts.
    lightbulb Created with Sketch. 459
    Just out of interest, is anyone here strongly against raising capital at these levels, under the assumption that any funds raised would be used solely for drilling at the train trumpet prospect? Or whatever is determined by the upcoming review.
    Funds raised directly from shareholders, say 5 million at $0.25 is ~ 20% dilution.

    After this upcoming review I think they need to go hell for leather without focusing on scrimping and saving every penny, it's getting to the stage now where we need to focus in a direction that will get us mining asap.
 
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