Ann: Appendix 3Y, page-41

Cash and we know for a fact there's a major capital raising coming.
it's not the risk of the project people are worried about. It's a risk that the markets in general particularly the US over heat.
Look the sellers aren't saying it they're just voting with their feet.
That's the major danger with HC. People will praise the stock to the heavens to stimulate upward movement and group think. Then they'll fall of the back quietly and leave you holding the baby. I'm not down ramping just calling the fact's as I perceive them.