92E 0.00% 50.0¢ 92 energy limited

New Investors Information 92E, page-254

  1. 905 Posts.
    lightbulb Created with Sketch. 91
    There should not be any unexpcted capital raise, but if their drilling results turn out to be something special they would want to do a lot more drilling, for which they may raise money some time maybe mid/late next year IMO. BUT if they do it will be on the back of good early drill results and an appreciating shre price driven by the results and U fundamentals. They are not expected to drill again until January, and the full results of this campaign are still being analysed.
    Exploration companies raising money to further exploration and sure up a resource is par for the course.
    And after putting the nutter on ignore the thread reads just fine, try it.
    Last edited by happydad: 24/09/21
 
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