Post by
goldstd69 on Dec 07, 2022 7:26pm
Flow Thru Financing?
How will this affect the share price?
Comment by
Oilminerdeluxe on Dec 08, 2022 12:22am
Probably like most financings do. Down a bit and taking a bit of time to recover. Then upwards again if they continue to find gold
Comment by
mjh9413 on Dec 08, 2022 12:34am
At $8 the FT wud indcate to me a common share price equivalent over the current sp. BTW I cannot see we heard the results of the earlier ATM offering which was thru BMO. I guess I shud consult latest financials but, anyone?
Comment by
Retiredgeo on Dec 08, 2022 6:59am
Details can be found in the October 11 press release. The ATM is updated quarterly. The next update will be in January. As of October 11 they had raised $440,000 through the ATM.
Comment by
Global1966 on Dec 08, 2022 4:41am
In an earlier report, Kettering said the 400,000 metres drilling should complete by the end of March 2023. This $50 million should take them through to the end of 2023
Comment by
Global1966 on Dec 08, 2022 4:42am
Kettel not Kettering. Apologies
Comment by
Spikearoo1 on Dec 08, 2022 8:12am
This is good news. Hope we hear how long mgmt expects these funds to last with an update on their burn rate. At least they have enough interest to get financing to move this forward unlike most in the sector.
Comment by
DanWarren on Dec 08, 2022 8:26am
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