RE: relatively modest fund raise27 Mar 2019 09:36
Agree with you there on the £3.5m being relatively modest, but it’s the nature of it that’s frustrating. This company has the reserves (planning required) to go places, expansion of a company is great, but get the footings right 1st and give shareholders confidence and trust. Once we had planning and/or horizontal drills had proved the worth, then go for placing to expand, not just issue shares....it’s only dilution if what is bought is not worth what is paid!
Anyway, I’m locked in, maybe I should lock down my account, remind myself why I bought and put it in the drawer and come back in a year or two.