Disappointing but what can you do? I will change my outlook if the funds are committed to drilling at the Commonwealth project.
Just comes across as wrong letting in the sophs before drilling at Broken Hill. As drilling approached, the SP would have appreciated greatly, enabling a raise at a higher price. If Mike envisions positive results, likewise a rise after the results would have been suitable.
With over $2m in the bank, there was no urgency to raise.
The post CR announcement should identify in detail the intended application of the funds.
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