What this Cap raise means for the Odysseus mine

Hi guys,

I found it interesting that WSA chose to finance the development of the Odysseus mine through capital raising rather than taking on a loan.

Does this mean that management is adamant on WSA remaining debt free as they bring this new mine online?

Is this better or worse than taking on debt in the long term?

Given that WSA is already making some profit, and assuming none of it will be spent on the Odysseus mine (lets see the complete expenses are covered by the cap raise), what would management be planning to do with this profit money?