From a financial point of view, my sense is that the market believes cap raises look more likely than not, hence the current 'weakness'.
Especially with future upgrades of facilities, new exploration and feasibility studies in the metals side of the company, and the near term , future development of WA.
This could LITERALLY change in a single announcement of course,but with the current flatline of price action, maybe this is Mr market's real time consensus.
If they did need to raise at a discount to the current SP , then it would be 100 times oversubscribed anyway, so the SP would not likely suffer any significant falls.
All IMO from what the financials look like to me, so will see what the market itself decides is good value...
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