I too like to see a balanced ledger. However Ognid if you read the announcement, the funds are targeted at Brightlands Copper Gold project and to accelerate the exploration activities at the Milo Prospect.
I see what you are saying, but the reality is the T2 results are only one part to this Cap raising and how it was marketed to potential investors.
There is a lot more to this company than just the T2 results.
To me this is a great 12 - 18 month play.
why i don't like the placement, page-30
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