what a disasterous capital raising

IMO Seems to show that most major shareholders like AGP and other smaller shareholders have lost faith in this Company's ability to deliver the goods and financials.

I also beleive that this very poor result also stems from the company's failure to provide full and proper disclosure of all relevant matters to shareholders.

I wonder what the final costs of this Capital raising will amount to in the end. Will the Co come clean and inform us of same !!!.

This IMO would have to have been one of the worst capital raising results I have ever seem. Has anyone seem a worse result/outcome to a Capital raising than this one ??.

Will we see a lot of trades and a share price in the 12-13c range this week given the lack of confidence in this company and the falling spot price of gold.