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19/05/15
09:47
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Originally posted by jimmyp
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They have always had a cash problem, they have already raised over 600 000 that means they have around 1 mil. Enough for drilling.
Just makes sense to start drilling then do the raise which will in turn give them more money and happier shareholders.
While we have waited for the drilling a few of us here have suggested different ways rams could go about doing the raise and start drilling. No one ever thought/suggested doing it the way they have.
As bad as they look in hindsight, you have got to think they have a plan to execute and I believe their recent guidance.
Am expecting the results of the soil sampling this week or next and with that announcement more guidance/ramps concerned with drilling.
Cheers
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I hope you're right jimmy.
Are you still going to take up the max offer of $15k ?