I don't know, but if management is claiming they have "The best in class" project and "The highest grade concentrate and flake size" then don't you think investors would be jumping overthemselves to get a piece? I don't know what the right price would've been, but if you're so sure you have the best product and best project, you wouldn't be giving it away so cheaply. However, the point i was trying to make was not about the price they should've raised, but that this funding won't last them long and if they don't deliver positive news or a catalyst to prop the share price up further, unfortunately the SP will drift down further and they will need to raise capital again at a lower price and bigger discount.
BKT Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held
