Fingers crossed for you that they get their equity raising away and can carry on.
I see the rights issue closes tomorrow so the announcement yesterday was to be expected (I'm getting progressively more cynical with junior miners these days )
I will watch with interest to see if they extend the offer today ("on the basis of recent interest" or "shareholders have not had time to get cheques in the mail"). That will be telling.
Regardless, I hope it works out. Sector sentiment can't get any worse from here and at this MC there will be other options available from predatory interests if the rights issue falls short.
Cheers
John
ORS Price at posting:
1.1¢ Sentiment: None Disclosure: Not Held