Tenements will add nicely to the portfolio, nothing wrong with this as an acquisition.
Once again however an 'insto only' capital raising to be used. Retail shareholders to miss out.
7.1% dilution last time in June. Anticipated to be approximately 6% this time.
Why do I bother carrying risk only to be discounted and diluted when the reward comes.
The equity of this whole capital raising business is rather unpleasant.
A frustrated retail shareholder.
My $0.02.
Peggs
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