ord share dilution with capital raising, page-8

absolutely right about the calculated risk nistrams. I don't think I have EVER held a spec stock where there hasn't been a few HC posters who come on here to tell me about what could go wrong....we all know the risks but that is why there is potentially thousands of percent of upside and hence why we invest. We could always go and buy some nice safe BHP or CBA for the 5% div or 10% pa capital appreciation but where is the fun in that :)

The trick is have yourself postioned well enough to benefit from any big upmove but not so much that you get wiped out if things don't work out.

From where I sit the early signs in ORD are very encouraging.....and we only need one project to really fire up to be on a winner. The odds don't look too bad to me at this stage.