We can't have it always, we (shareholders) have been banging on about wanting drilling, analysis, exploration etc & given it appears to be all systems go up in Qld costs must be adding up considerably. In a perverse kind of way I think a capital raising indicates to me action stations (probably a false hope I know). I think the likelihood of a shareholder wide offer are remote. Coming out of left field the way it has, I'd say it will be sophisticated investors who are already lined up & ready to write their cheques having been sold on the potential of the drill results, likely discussions with Century & others.
RMG Price at posting:
1.3¢ Sentiment: ST Buy Disclosure: Held