RE: Placing18 Jan 2022 16:30
placing are a fact of life for junior explorers with no realistic other route to funds, provided it's done at the right time and the fuds used to maintain and develop the business as per the companies strategy then that is fine by me, we may have money in the bank now but much of that will hopefully be used over the this and next quarter so to ensure the companies future then we may indeed need to raise funds unless we have something else up our sleeves.
However if "investors" put themselves in a "placings straightjacket" they may find they miss out on spikes if the SP is rising and able to absorb a fund raise.
But a placing story is always good for a scare :-)