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17/08/15
08:16
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Originally posted by Robert64
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Thanks everyone for taking the time to read and share their thoughts on the CR.
As we all know the potential of a tenement is not necessarily reflected in the SP nor funding but without the financial backing it doesn't matter what is 'out there'.
Looks like we all are a bit surprised the CR came this soon.
This itself makes me wonder if they've actually secured a private/sophisticated investor and it might not even go out to shareholders. Maybe this can surprise on the upside. If not, I think we are at the end of CR's.
I also agree with vendor that I can't remember ever seeing a CR announcement without a TH.
News before opening tomorrow so not long to go before we know the details of the CR.
The details will also tell us the true story of where we are at.
Massive fork in the road in my opinion.
There will be a new thread tomorrow for sure so thank you and good luck to everyone.
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Well, a cap raise now is actually a good idea. Remember that we have a significant program a month or so off and the SP will again likely run up on that. But, MPJ will be ready with cash in hand. All good and wont dilute much. I expect very little difference in MC.