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Hi Kaoto,



What still puzzles me is what the urge is to raise capital before La punta 2 kicks in.La Punta 1+2 can be financed with existing funds+SPP.
After drilling of La Punta 2 which we are made to believe will be successful,the share price will most likely be higher than where it is trading now so a share placement after La Punta 2 makes more sense to me.

To be truthful,I don't get to excited about La Punta 1,2,3,etc ,it is Mali/Mauretania I'm interested in and I don't like to see this company generating funds when the share price is at this level.

To get out now might be an option but I've put my trust in Max de V's knowledge of the region and the culture.

Back to the form guide

Cheers

R