Yes I agree with you both, good judicious mgnt. Raising enough to get through to ~ end of April-Mid May based on current burn.
By then we'll be needing to lock down the project financing.
I was afraid they would do a big placement say 50mill shares but it looks like that not going to happen and as we've seen this arvo the SP has moved up in that the CR has been done in a minimal fashion.
I'll look to buy more at the 6c mark as funds allow now, while keeping some $ aside for any discounted CR for project finance.
BNR Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
