Placement money of 1.2 cents close to SP. With $3.5 mil. already...

Placement money of 1.2 cents close to SP.
With $3.5 mil. already in the bank this extra cash will give David a war chest now to continue the acquisition plan that he has in place to keep driving Whitebark into a successful profitable cash flow oiler.
I have no doubt he is currently in the hunt for more production through the books of WBE.

“We are very happy with the robust response from the market. We take this as an endorsement of our current expansion strategy and look forward to providing regular updates to the market as we continue to roll out our strategy in the coming months.”

Xanadu next year will also be excellent for us.
Best thing about David Messina is that he is results driven and not interested in just sitting back on what we already have wants to keep building WBE and has excellent strategies in place.

This should be an interesting next few months in regards to news.
Bring it on.

Above my opinion only as always DYOR.