Nothing inspires confidence like diluting your shareholders equity again 1 week after a capital raising.
Frankly, I'm starting to grow a little skeptical of the pumped hydro project. I mean, the 50MW solar farm is good and has de-risked the company somewhat (even if it has a pathetic return on capital), but I'm worried if anyone is going to finance a high-risk, capital-intensive project like Kidston.
Nothing inspires confidence like diluting your shareholders...
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