nmr to raise 4.8m shares at 4c, page-37

For all the nay sayers, how do you propose any explorer moves into producer category? All companies have to dilute to develop into a going concern.

Dilution to institutional investors for a PFS and drilling costs is more than acceptable, it is expected.

Now if they just diluted to pay their wages and a few pie in the sky promises your doubts would be concerned.

For a small cap explorer, things are moving ahead and no reason for concern.

For traders, they can be concerned if they were caught T+1/2 when they went into a TA to raise funds as now they are selling at a loss.

All looking ok, PFS and drill results are key now.

Expect to pick a few more at 4-4.1 before an uptrend as results become due imo.