nupower capital raising announcement

Well well well, what did we expect, another CR of course, refer to earlier post

"YEP, and am a little bitter about it also, have been an ARU shareholder since 2005, got a few NUP and NUPO in the demerger, decided to keep most and paid the penalty.

Heads up to Norm, for advising me to quit my holdings very early on, he got a huge tax bill for his profits, Pirra will get a tax loss against some nup/nupo profits, some consolation, but hey none of us can make the right decision every time.

Most interested in how and when the company goes for another CR. Their CASH burn is really bad imho. Pirra now considers that the problems in raising will be HUGE for NUP and for any otrher URANIUM style company. Hence we may see more AU and REE mentioned by this company in the months to come.

Time will tell. Always does"

So, they need more cash, well good luck Mick.

Ti e will tell. Always does