Lack of commercial experience going back to a domestic broker for the second CR. The best way to do this is to raise via a domestic broker initially to open up the register to new investors, then for the second CR move to a much larger broker and bring in more new investors so that the first group cannot rinse and repeat their shares. This will create more stickier investors from both CRs. The current price would not have been under 50c if this was the case.
I wanted Cannacord Genuity as the broker for TMT for this prior placement and they would have provided TMT with a broader range of global investors in addition to providing global exposure especially to the North American investors.
Anyways it is done and dusted and our share structure is locked down and we are fully funded moving towards our DFS.
Infill and extensional drilling assays due which will be the FA trigger we need as we leave all vanadium aspirants behind us around the world