Loul mate,was supposed to be 55mil.. but rumour has it they may...

Loul mate,

was supposed to be 55mil.. but rumour has it they may take up to 100. true its would be more dilution as it will be a new share issue but it is really a neccesatity to moving forward and we all knew about it. MA has kept everyone informed from the beginning of costs and capital requirement etc. 100 imo would be nice as i'm sure there will be opportunities to snaffel other companies reserves in this time of market volatitlity. VRE just took a slip and i'm sure there others in the region not doing so flash. MA has also outlined that they have their eye on other deposits.

i'd say though its highly probable this would be the last raising needed, presuming production starts this years and all goes well.

cheers
Davo

DYOR