Shaw and Partners WA state manager Davide Bosio tells Proactive’s Andrew Scott the continued strength in the gold price is seeing a number of smaller companies push forward and raise capital plus he says a lot more larger transactions are happening in the space too.
He mentions () which has launched a fully underwritten institutional placement of shares to raise about $100 million and a share purchase plan (SPP) to raise up to $20 million.
Bosio is still firm on his view that gold will hit $2000/oz.
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Read More: Strong momentum and positive sentiment in the gold price to continue – Davide
