The issue is where will the impetus to rise be? I assume like any exploration all we have is we need to hit something in the ground, otherwise this may be one of the last capital raisingS?
I got the prospectus/forms the other day i assume you have to? What is your reading on things codger? Are you planning to tip more in, given the share price ride down to date? You're probably more aware of the potential risk/rewards for taking this up.
That said my parcel has diluted so small that taking up my entitlements would be one or two hundred dollars only (lol). Therefore it really doesn't make it a no brainer to nearly 50% increase my holdings, but of course at the end of the day, if this goes to the wall, it's still $100-200 i could have used elsewhere (as small as it feels at the time)
TRL Price at posting:
1.3¢ Sentiment: None Disclosure: Held
