Well the cynic in me says management have held them back until the 10 day VWAP period kicks in from the 2nd of July, so the 2nd tranche of shares that will be issued around mid July will be at a higher price and hence less dilution for the Company.
As long as the results replicate the Historical high grades and widths and the share price moves up , then all good!
What would 78mt at 2% Copper and 0.6% cobalt be worth?, page-73
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