I guess it goes to show that raising money shouldn't be done quarterly in a global financial environment best described as a smashed crab...no company could win with a strategy like that when the global economy pulls the rug from under your share price.
I mean, as much as Xray might say the sp reflects the project and management, it really is due to the overall ASX taking a plunge. However, from here on in it's going to be rather dire and dilutive to finance their drilling.
Not a good time for holders.
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