cash position, page-4

1) With the imminent consolidation shares on issues are due to shrink not expand.

2) As clearly stated the current projects are self-funding.

3) ADY has a secured debt facility should they need to draw on it.

4) There are still outstanding options that are likely to be exercised bringing further cash into the coffers

There seems to be obvious reason for ADY to raise funds in the near future. Besides which, PT has made it abundantly clear that raising capital through share placements is the very last option should the company need further funds.

I don't see a problem.