PP sounds good to meIf they were in any sort of trouble I think they would try to sell far more than 12.5 million shares.
I think all they need is a little bit of cash (yeah, a million isn't a little to me, but it is to a mining company) to get a few more months before the revenue starts to come in from production in such a manner that it covers operational and expansion costs.
Had they put 30 or 40 million shares PP, then I would be out of here, cause that would have told me that they are still a long way from being profitable.
Cheers and GLTA