capital raising at 2.8c for $12m, page-7

re: capital raising cefadog, the amg of 4 years ago was an altogether different beast to what it is today. If you go way back to some the announcements, the stories actually make quite a good yarn. Such how the old amg had never drilled a single hole in the 11 years it's been a listed resource exploration company (up until the year management got the boot). How the company's office was run out of the CEO's mum's house, and lacked even a fax machine. It was a major scam by the looks of things. The new team has much better credentials and I'd be surprised if the future would resemble anything like the last 4 years for AMG.