ccb, from an earlier post;
They will raise capital only if necessary, ie. they have an acquisition that requires more capital than they have currently budgeted for, or they need to develope a mine i.e. Bogdan / Monty / Peelwood proceed to mine.
If any of the above eventuates, then the share price will have already been re-rated when the capital raising is undertaken.
ccb, from an earlier post;They will raise capital only if...
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