Who nows how this will plays out on market when we come out of TH but it seems to be a well constructed CR. It engages existing holders via the SPP and potential new s708 holders via the placement. The price is not great....but it is good and if as has been said Pattos are contemplating underwriting the Oppies that is a bullish sign.
We will now be fully funded to undertake the new drilling project and with imminent news to flow and the gold price at $1250, it may not take long for this to move higher.
jv or stake in rmx -a possibility, page-47
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