BC8 3.28% 63.0¢ black cat syndicate limited

Newbie question but we were all newbies once. They raise money...

  1. 1,193 Posts.
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    Newbie question but we were all newbies once. They raise money through a capital raising, which is an offer to private investors for new shares at a price, often a discounted price. This is how most explorers raise cash until they find something someone wants to buy or enter into a JV with farm in rights (less common). In my view this explorer is good with cash burn. Some become miners.
    Last edited by densamer: 06/02/19
 
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