CXX 0.00% 6.6¢ cradle resources limited

Ann: Placement to Raise $2.9 Million, page-3

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  1. 1,085 Posts.
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    "....and for general working capital". No surprise here.

    I think it would have been more meaningful if they had given an update on the ramifications to the Company of the Tanzanian Govt's decision to take a decent "legislatively enforced" shareholding BEFORE the capital raising was announced.

    Will be interesting to see who the new "Top 20" list of shareholders are now.
 
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