Gee just had a look at Salt Lake.
17.6mil raised in May last year to sophs and instos to progress development and another 13mil to sophs and instos in the last few weeks to progress development!! Haven't looked further into it but I suspect the ones who funded the first raise probably sold out and are now funding the 2nd raise?
Talk about "boys clubs"
18.6% dilution to shareholders last year and another 14.3% dilution in the latest raise.
Doesn't seem to have helped the SP much either. Its still trading at the same price it was in May last year!
TNG Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
