Now what I'm most interested in is how they will allocate the money? Are they still going to say for Italy exploration considering quite a few of their tennemants are now in doubt?
Are they going to say to continue Tanzania drilling thereby implying they are there to stay?
Or are they going to allocate yet more funds to the UK drill hole (or do we call it black hole because no one actually knows what is happening with it)?
I would safely assume that a fair chunk of any cap raising is for the new project in Australia. But am looking forward with interest to their allocation!
KEY Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held