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Hi Investor2009Please see previous threads, This was adequately...

  1. 103 Posts.
    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.
 
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