question capital raising., page-4

  1. 7,606 Posts.
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    Moly, you are an oddball, but we are happy to hear your postulations. I am sure a few of us know about RBM. In this case, however, it would seem highly unlikely that a capital raising is imminent, other than via a placement to HNC. From previous announcements I gained the distinct impression that this would be debt funded, outside the HNC deal. Then if you look at the CMR deal, it is apparent that HNC are "good" for dollars as required, both refunding spent development dollars, and engaging in exploration. so, in short, i think you are off the track, but who knows, you may be right.

    On another matter, I will wager that the fellow from Macquarie (i think it is??) who is doing the selling for RAB, had the day off yesterday. That's what this looks like to me. RAB is in mood to make us happy. Good opportunity perhaps to accumulate.
 
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