allert - "this is a major find" chantry, page-4

re: allert - I guess one has to wonder why they are raising so
much?

$15M seems a bit of an overkill for exploration if you ask
me.

Unless they know it's a massive resource and they need
all that to prove it up to production stage or maybe
part of the $15m will be used to offset financing for
production.

I personally think they are sitting on the next
biggest future copper mine in Australia and have
accumulated over the last few years from the 3c
level.

What's others think about the size of the capital
raising?

Rgds,mode