Normal
Well the totallly accurate grapevine news was out over the weekend on another forum preempting today's asx announcement of a $3m capital raising for Peleton Capital's clients @ .08 a share with a free attached half option (ex 0.15). No SPP or R.I. My remaining hope to benefit from this situation is that the March Qtrly cashflow remark (highlighted in yellow) remains meaningful, and conceivably they might still be negotiating to sell some of our assets (the modelled pit shells in the scoping study) to obviate too much dilution. To develop all these pits themselves by contract mining and toll treatment would require more than $21m upfront.[ATTACH=full]125259[/ATTACH]
Well the totallly accurate grapevine news was out over the weekend on another forum preempting today's asx announcement of a $3m capital raising for Peleton Capital's clients @ .08 a share with a free attached half option (ex 0.15). No SPP or R.I. My remaining hope to benefit from this situation is that the March Qtrly cashflow remark (highlighted in yellow) remains meaningful, and conceivably they might still be negotiating to sell some of our assets (the modelled pit shells in the scoping study) to obviate too much dilution. To develop all these pits themselves by contract mining and toll treatment would require more than $21m upfront.
[ATTACH=full]125259[/ATTACH]
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