Whatever, every vehicle this end of the market is cum a capital rasing. As long as they don't raise more than around 10% of issued capital it's a drag that can usually be absorbed during the course of the year.
With $1.5 mill in cash they can afford to wait for the current drilling to be thoroughly evaluated over the next quarter.
Anyway we've seen the lows as I've pointed out. As long as you don't need to sell, just sit on them.
Update this Wednesday, page-16
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