62mil raised

company has raised 62mil @ 85c per share.

SP fell in line today but very low volume. imo nothing to worry about. Does seem a bit cheap to me but thats only because i know the long term potential and have seen the SP above $1 on numerous occasions.

I guess in the current market they've done well to secure this amount of $ and 85c does seem in line with where the SP has been floating due to wider market volatility.

Good to see no dumps today, share continues to be tightly held. May even try and get some $ free to top up if she goes back to 80. Atleast we know the year is just heating up.. production seems very likely to start in the last half of this year!

cheers
Davo