Many good points about this Placement

No warrant

A fair price considering a 4 month hold

A large enough transaction to finance quite a bit of work etc. No need to return

too soon for more. Could help avoid future dilution issues.

Price only reflects a 20% retraction from the high.

Not likely to hold price back for long, six drills and more news to come.

I see the company putting its house in order here to move forward. In less than 3 months we've witnessed a good play take shape here. Management is simply being prudent.

With further good news this should leave the launch pad soon!

Good luck everyone.

Just my opinion.

Regards A