06/08/2021 - Capital Raising to Fast Track Rangers Development
"The Company will now move quickly to bring forward the timetable for the development of the Rangers Well, securing key services (including Latshaw Drilling), completing leasing and regulatory requirements and construction of a drill pad on the Rangers DSU"
If it isn't true that the rush was to secure the Latshaw rig then don't say it.
Yes the attached options on the raise stink. Also why pay a 12 month advisory fee to CPS Capital? So they can do another raise at disgusting terms for current shareholders and then also get more lead manager fees on top?
BRK Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)