It would be nice to know what they are up to - would be getting harder to place the shortfall but they nearly filled the placement so should have the funds to at least build the lab, complete the remedial action and work on pre production mine development. All of which were the stated intentions for the capital raising.
If they are busy working on that then great, continue on. That Sanlam had written into the prospectus they get to be lead manager again within 6 months screams another CR planned but if it's less than 7 cents surely it will be dead in the water. Must be some good news planned.
IMO this has another run it, will just try and get my seat this time before the music stops again.
Update? News? Anything?, page-41
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