Pattos like deep discounts to their raisings, expect the worst and hopefully be pleasantly surpised.
May be they got a nasty shock when the went out and got quotes for their drilling and assay work programme and realised they need a great deal more cash.
Markets may well deteriate from here so better to raise cash now.
I'll be surprised if its above 10 cents, the raising price that is.
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FDL
flinders diamonds limited
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