It's quite clearly more than a capital raising alone....
There are various ways of financing solutions that don't involve capital rasing, once you have a bankable asset,
But, hey not all capital raisings are bad - the are bad when:
1. Company Directors are unscrupulous and greedy
2. Company has bugger all prospects of making money - plenty of those are to be had in in the ASX junior resource sector
Anyhow, I'm suspecting now a BHP JV...if that happens my friend it will be the best of the best capital injections you can get
If you're in, sit back relax & enjot the ride..if you're out...look at the terms, & make a hard nosed commercial assesssment about future upside....still immense imo
just posted this elsewhere, but thght I'd go ad nauseum
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