they don't need a great deal of cash to fund the drill program. 1-2 million for 100 shallow holes in Africa.
Its being driven down by perth brokers (no names mentioned) who aren't going to be given an allocation in the placement because it will be going to Jury's old pals. The placement will be to move the co towards production. Ergo, it will occur at much higher levels than these.
don't get shaken out.
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the supposed placement, page-3
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