Capital Raising, the funds will last 1 year and if the management are unable to find an investor, another 1 million will have to be found.
Double the amount of shares, less upside.
There is always a reason why a stock hovers at such a poor price.
On reflection, i wish they sold the mine, cashed out for the shareholders.
It would be interesting to know whether there is a valuation done on the mine by their previous investment adviser?
dissapointed - notexcited
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