We now have project and funding security. We don't need to worry about the cash balance anymore, just get on with the job of building a new mine and nutting out the Borax business. Happy times, or at least stress-free, are here :)
I thought the amount being raised was a little excessive given that we could tap into the $46m additional debt facility if needed. But at least we could rest easy if the markets become hairy.
ORE Price at posting:
$1.80 Sentiment: Buy Disclosure: Held