Nolly,
Understand you sentiment but RMX did try to get their cap raise away only a short while ago with no real news and they raised only approx $500K. Basically hardly anyone took up their rights.
Role the clock forward and with some news and short term drilling announcements to come there is massive interest and this raise I suspect would be heavily oversubscribed.
This is the same company that no one was interested in only a short while ago
Just the way the market works. Yes this will dilute, however they need cash to continue drilling.
As long as they get some meaty hits, the share price will strengthen.
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