Tranche 2 will be for a maximum of 59.2m new shares and will be subject to shareholder approval at a meeting expected in early April 2012
anyone know when is shareholder meeting ?
and what is price on Tranche 2? 80% of 4c = 3.2c or 80% of 3.8c = 3c
“Results of our Scoping Study are due in late March and the funds raised here will ensure that we are sufficiently funded through completion of an infill drilling program and the pursuant Pre-Feasibility Study,” he said.
late March ........ they should know the timeline, now there must be some reason for delay... maybe for Tranche 2 placement ?
lucky I get out immediate after last placement and only buy again after Tranche 2 placement.
NMR Price at posting:
3.8¢ Sentiment: None Disclosure: Not Held
