You do wonder why it isn’t offered as a SPP, clearly they knew a raise was needed along time ago and if they are going to raise at these low levels then why not give holders first shot?
Also the comment about any one can contact management to get a piece is a joke... it’s clearly for sophs.
Someone also mentioned the raise wouldn’t go ahead if AK fell through... my understanding is that as management have converted their rights its a done deal (eyebrows raised on that one IMO). Interesting on the broker website they only mention Maniemia as an actual project which is odd again.
