Don't really care

Two weeks ago I had 500,000 shares in RLE trading at 10 c/share and the company had $2.5 million in the bank. Today I still have 500,000 shares in RLE but they are now trading at 11 c/share and the company has $7.5 million in the bank. My share holding hasn't been diluted at all, why do so many seem to think theirs have. Why do so many think the company is suddenly a dud investment i like the fact we now have more money in the bank. Owning 0.142% of the company instead of 0.165% doesn't phase me, I wasn't trying to take it over anyway, were you ?

The share price has dropped 2 cents before, it will pick it up again, it will drop 2c/share again one day. Just because there are more shares on issue the company may max out at 50 c/share rather than 52 c/share, Why stress over it, we'll probably all sell way before then anyway.
Now OUR company has more cash in the bank we are in a better position to pay/start/borrow for a pipeline, negotiate sales agreements and have cash up our sleeve for any issues on site.

Two weeks ago OA's were trading at 1 cent, on Friday the close was 1.7 cents. Sounds like they're worth almost double to me. Considering commercial flows will be published on the same date whether there was a placement or not or these options would expire weather there was a placement or not. They're suddenly not worthless. 
Just because someone bought some shares and received some free options hasn't affected me at all. I'm not going to lose sleep over someones elses good fortune.

This share placement seems ok to me.