Doubt a cap raising next week, if it happens it will be at least 15 trading days after the s.p. has risen to get a higher VWAP plus a presentation along the way to attract sophisticated investors. They are in the middle of it all and will want to impress, more good news to come before cap raising I suspect + they may decide to start drilling first, it sounds like there are drill ready targets and $500k gets a few more holes drilled these days than it did a couple of years ago, may also get some good quartz samples before then.
SMD Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held