"the traditional route for juniors to raise fresh capital -- through a discounted placement -- was no longer as certain as it once was, with EIM Capital Managers having stopped backing such raisings"
Is this company included in this attitude? Hard to believe that any junior can grow if a major holder cuts off funds and seeks merely to pick up stock from distressed sellers?
Seems like a very odd attitude.
http://www.theaustralian.com.au/business/mining-energy/junior-miners-face-new-year-funding-crisis/story-e6frg9df-1226544792519
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- "to wither on the vine" ?
"to wither on the vine" ?
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