92E 0.00% 50.0¢ 92 energy limited

There should not be any unexpcted capital raise, but if their...

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    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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