Just to finish off what I started this morning, I still believe we will need a cr in the near future. On this and other threads I have read about $200m market caps, $1 valuations and jv imminent, This is all good conjecture, but nothing factual.
Don't get me wrong, I have as much - well maybe not quite as much - vested interest in this company succeeding as other "positioned" posters here. I think we just need to be realistic as far as short term funds are concerned.
Interesting to note that FAR boosted its coffers over the past couple of days by $15m to bring it up to $40m in the kitty - and its drilling committment isn't until next year. It has raised working capital at a time when there is strong interest in African explorers. To my mind, WHN would be best served raising a few quid now - who knows what state the capital markets will be in in 6-12 months time.
GLTAH
QFY Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
