Ann: Trading Halt, page-24

Couldn't agree more @whynotme

I don't like the fact that the messaging from the company had been positive around balance sheet with the 55c options + asset sale in the back pocket, to then turn around and pull the trigger on another raising.

Doing it pre resource upgrade tells me they are coming from a position of weakness, not strength, for further institutions or a strategic partner to muscle their way onto the register pre upgrade.

LPI shareholders have only just recovered from the last capital raising, to be faced with further scrip being issued.