RE: SP by 202624 Aug 2025 10:35
Morning amadan,
Not sure if you're new to investing or this sector in particular but cash raising and dilution is expected and perfectly normal for a junior explorer, its exactly what it should be doing.
The key .... is it a good project.
Bad project, cash raising and either no progress or poor drill results mean the next raise not only dilutes you again but is at an even lower price!
Good project ... the raise unlocks good results, the sp rises ... the next raise is at a much higher sp, even with dilution the investor is winning ... next raise, unlocks progress ... sp rises etc etc.
So dilution absolutely, thats what we want. But what's the project we are cash raising into, thats the question and for me personally, I'm very happy with that and riversgold progress.
Roll on the coming weeks have a great bank hols