RE: Questions for the webinar14 Dec 2024 10:53
The markets were allegedly difficult at the time of the last two raise. That's Brad own words.
Though taking into account, they'd not got completion of Anza return at that time, obviously weren't drilling.
Now they have there hands out as 100% owner of Anza, in possession of all the exploration information from Anza aswell as these outstanding drill results from surface.
I believe we'll see a strategic investor enter the fray, such as the likes of Agnico, B2Gold.
Someone to maybe buy a slightly less percentage than Newmont vie private placing, without a discount to the share price.
To think they'll not have already been down this road with certain companies is illogical in my opinion. The day they started negotiating the return on Anza, surely to god they'll have started looking down various avenues on how they were going to finance exploration there.
The drill rig on Anza will not be getting pulled off now, if anything they'll want to add more. One on Pepas, One adding to Apta resource and one on the previously undrilled South of Anza starting with El Cedro.
That's my take on it anyhow. If they do end up raising like previously it shouldn't have to be at such a huge discount to current share price.