Very much disagree, William.
Purchase price of .005 was better than I thought it would be (although not exactly cause for celebration, obviously).
$1m is 4 times the amount of CR results we're used to seeing - it buys us a year of turning a profit. Forsyth, at the AGM, predicted 6 months before that happens.
Either way, my concern was the company's viability - the noose has well and truly loosened, and if more dilution is the price we pay for staying alive.... I kind of think it's worth it (as opposed to being dead, for example).
I'll bet you a fiver we don't see massive downward pressure and a slide into the 4c range in the next few weeks, as you predict. I think the injection of cash will impress.
Very much disagree, William.Purchase price of .005 was better...
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