Looking like that capital raise price of $1.67 is acting as a bit of a magnet, as they say price always seems to go to the cap raise price
In wr1 case cap raise with the flow through funding in very value adding I would welcome another in 6months time for more aggressive drilling programs.
Is any one aware if the flow through is available for plant construction? Or just for exploration
Cxo raised 100mill at around 1.7bill mc I would assume wr1 would need the same as the plants would be similar in capex as no flotation circuit is required.
Would also like to assume that wr1 would raise this capital with a similar mc to keep dilution minimal but if flow trough funding applys here that is significant savings.
Gltah cheers
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