It may well saggy but not too much. Management wont rush in drilling holes willy nilly as quickly as possible to get results to the market and SH. There will be very careful and calculated planning and decision making on proposed targets and whether to introduce diamond drilling etc etc. The timing of a cap raising will depend upon this decision making. I think they will sort the next targets out in the next week and then go for it hoping to hit the jackpot prior to any cap raising. The negotiating skills of management to get the right job at the best price seem to be pretty good so I reckon they will have a bit of leeway yet with the timing of the next CR.
My thoughts only but if you read the company announcements and Hartleys recent research note it all points to slow steady and precise planning.
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It may well saggy but not too much. Management wont rush in...
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