The surprise placement to the UK company to raise $1.68m at 8c...

The surprise placement to the UK company to raise $1.68m at 8c could have been seen as a negative thing for AUROA, as the question would have been asked: 'Why raise now when the new drilling at Wodger should do the job for AUROA, and in the process raise up to nearly $4m and also, in the process, reward the loyal holders?' That was a valid question then, and it's still a valid one imo.

It could be validly argued imo that the SP was pushed down to accommodate the placement.

At the time though, we were not aware that JP Morgan had been buying on-market for several months (from 2 May in fact) as per this https://hotcopper.com.au/threads/an...3632946/page-87?post_id=27013770#.WbeZMbpuJPY.

This buying started just under 4 weeks after the news on the competing corporate activity ('credible parties' etc) as per this an https://www.aurisminerals.com.au/wp-content/uploads/RNI-07-04-2017-Holding-Statement_Final.pdf. Question 1: Was JPM one such party? Question 2: What's JPM's plan?