Has anyone noticed that caspian has only left 685k in the bank!!!!
They are looking at a cash raising with investors (attachment 1 point number 5.The Company is engaged in fund rasing discussions with prospective investors)
considering they need 1.8mil for next quarter and requesting upto 200mil shares be up for rasing funds i hope they raise capital at anything less than 2.5 cents my gut tells me we could see rasing at 1.4-1.5
any thoughts out there
We definitely need some good news coming from these minor drilling campaigns and hopefully Santos provides CIG with favourable terms which totally mean nothing unless we find black gold !!!!!!!!!!!
CIG Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held
