Placing27 Jul 2018 17:42
So reflecting today
So they have enough money for the drilling campaigns announced and thats enough cash to take us to the middle of next year, hence GH saying we are fully funded.
Byt to advance havieron and BH we need more cash hence the placement
Bit annoyed how GH has done this.. he hasnt lied, we were fully funded till next year, which made everyone think there would never be any placings gor a while
However
Lrts hope with rio next door apllying for their own drilling licence, when we prove up what we have they may put in a offer
Also worth considering is that GH went talking yo newmont without much data on EG ans was shot down, so he may well realise a major will only buy when full results are out, hence the placing