In that eventuality,funds raised would be at a premium to the current Share price.In that regard it would not be necessarily dilutionary to existing holders.
I am quite sure that management have already been approached by larger players wishing to gain a strategic stake in the company via a Placement.I would imagine talks would begin in earnest at the conclusion of the current Drilling program.
Revenue from Stockpiles would be a fair way off due to regulatory hurdles.
CCZ Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
