Given the last CR at 0.006, wouldn't you have thought the co...

Given the last CR at 0.006, wouldn't you have thought the co would have raised alot more than just 300k unless they were confident on 1 of 2 things:

1. Good news coming which will push the SP alot higher and help with any future CR, thus limiting dilution or

2. Peelwood North may be coming into production sooner than later as in their Investor Presentation they did say Peelwood North was coming into production this year.

Others thoughts are welsome.