RE: Re: Krs placing19 Jan 2021 09:28
nobody knows apart from them that do know hence us pi's are left to speculate and guess as usual. Last recent placing raised £550,000 of which $300,000 USD was given to fulfil our loan advance to Falcon Isle. This leaves £330,000 approx to "generally support the company's growth strategy in Utah and Togo, and for general working capital purposes". I suggest that this was enough cash raised for the stated reasons at that time but something materially has changed in the meantime. I mean who but who (at our MCAP) needs another £1M spare cash on top of the recent raise making £1.3M approx for just the exact same reasons. My brain is telling me there is something in the offing. Be darned if i can fathom it out though. Togo, Utah, Ventures new. Take your pick. I'd much prefer Togo. ATB. :o).