AMD 33.3% 0.2¢ arrow minerals ltd

The thing with money, the need to raise capital and dilution is...

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  1. 27,439 Posts.
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    The thing with money, the need to raise capital and dilution is the 3 works now or soon to be underway have already had the funds allocated - gold exploration adjacent DEG as updated yesterday, the next round of Lithium drilling to commence in November and the drilling currently underway at Barlee - this was the purpose of the small placement September 8th.

    They wont be going to the market to seek funds until they have finished these 3 programs and delivered some smashing results giving them a much higher share price to seek further funds.

    I make that multiple ASX releases before that time comes.
 
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