Well it is a Capital Raising, but that could be the Company being cautious and raising money before the results of current drilling or on the other hand the Company raising money as they have seen the drill stems and think they should raise now either for their friends or for the Companies lowish cash reserves. The gates for Capital Raisings for exploration companies only open so often, now is one of those times for the Company. I tend to feel the results will be positive and those getting the Capital Raising will all be pleasantly rewarded along with all other shareholders. It will be interesting to know who gets the new shares as that will tell a story in itself! Good luck to all.
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Well it is a Capital Raising, but that could be the Company...
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