Its all positive.
The drill results to date indicate a bigger resource than first thought and so suddenly the capital expense needed beyond the dd and the final payment will be bigger. I definitely though that a cap raising was coming - that was inevitable.
Something has obviously come to light to do the CR amidst the global turmoil.
Look forward to the news.
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.