agree that there is a hint of desperation in this recent placement/spp raising. in their defence they have to raise enough to allow them to make material inroads into the drilling programs. otherwise they come back to the market for more cash with inconclusive or unconvincing drill results which will be even more dilutive. FEG is a gamble, no doubt.
FEG Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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