Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Heck, if I was Richard Poulden I would be raising money for Wishbone Gold (WSBN) faster than you could say " Aussie spiv with a posh English accent". At 1.45p the market cap is almost forty million quid so what's the harm in raising a quick four Bernies? 10% dilution is not that bad. And it would fund a lot more drilling at Red Setter which could be a company maker or, if that disappoints, keep the lifestyle company going for several years. If you wanted proof that a placing was coming, it is below, a tweet from Poulden's bromantic partner David Lenigas saying there is no placing.
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