I have taken my allotment. Had to do it early as I was heading overseas and wasn't sure how often I would be online and didn't want to forget.
Before committing my funds I spoke to Mike who rang me back. I wont go into details as I didn't ask about sharing the conversation on a public forum. Rest assured nothing was price sensitive. He answered the questions I had and I felt comfortable with the with what he told me. My key questions were;
1 Is the driller and drilling plan ready to go once the CR is done? A - Yes
2 Are you also committing your own money into the raising? A -Yes
Overall I feel that SIPA is only at 3.5c due to the raising. I am also in THX and have seen what the announcement of drilling can do in that region. My take on it is once the raising is done and drilling started I would hope this will be back around 5-7c. That alone is enough reason to put money in at 3.5c
Only thing to remain is if I will be right!
Best of luck to those who take up their allocation! To those that don't I dont wish you bad luck but I want my decision to be right! :)
MJ
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