Hi Investor2009
Please see previous threads, This was adequately discussed already. They already have approx $1m in the bank and yes a capital raising will occur within the next 1 to 2 years, as with any exploration company. The note in the half yearly accounts is very similar to most exploration companies of similar market cap
However, with major results due, a cap raising may be at a price that makes the current price very small indeed.
Ofcourse, DYOR.
$1 stock in 18-24mths (500%+), page-6
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