I don't anticipate a major capital raising anytime soon. I would think a cash injection and strategic stake in wof from a jv partner would be more likely.
The capital raising costs are prob associated with the issuing of the WOFOA options.
i bought some more shares today after going of the quarterlies a couple of times. I have noted the cash spending although this should decrease as the resource estimated of SB has now been established.
I'm happy to keep buying at these levels as the payday is inevitable in my opinion.
good luck!
WOF Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held