outlook.

There will be a capital raising. Money is needed for continuation of drilling. I would suggest it will be around 15%, therefore no need for shareholder approval. This will raise around the $3mill mark. They are proving up a very significant mineral resource where most, bar BHP have ignored. This could well be the next globally significant resource location, with all followers tripping over themselves to get a piece of the action. We are there now!
I believe that the selling pressure will stop, as no major shareholders (50%+) of the company are selling, only short term traders. I believe that the cap-raising will be to a significant investor, not a share placement.
Only my opinion, your discussion of these points or other thoughts would be appreciated.
Note: after doing more research i have become a longer term investor.
Wayne.