PEX 4.55% 11.5¢ peel mining limited

St Barbara article, page-28

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    A cap raising is as sure as night follows day. Being an explorer with no income stream the money to continue operating has to come from somewhere. The big question is will it come pre or post the initial Southern Nights resource calc being released. Logic would dictate that if the number is good then go after that news is out. Before if its expected to be underwhelming. But as we have seen before with this one logic is not always a factor in their decision making.
 
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