Take a look at this, almost identical isnt it. Placement for the same amount of shares, though pb2 was a little more advanced at this stage. I think that was a good reaction to the placement, and with only 20million shares at oracles disposal not only will they be soaked up in quick time but they will want to make sure it is worth their while. Interesting to note that GDN decided not to issue the full amount of shares, good sign as they probably see the shareprice being much higher later on and can choose to raise money then. Now we are only 5800' into the drill, so early days yet but im happy that we got a placement for only 20m shares, low dillution but we have some sophisticated investors on board. GOODLUCK ALL!
GDN Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
