Ann: Investor Presentation - Lithium Discovery, page-413

A capital raise - as in acquiring money for the business for future projects by issuing new shares. What this does is dilute your ownership of the company so it is better for shareholders to raise at a higher price so the dilution is less. Mr upright is saying that because they haven't "pulled the trigger" yet it shows two things 1. The company is confident in their ability to produce good results and so they are aiming to raise at a higher price than current and 2. It shows they care about the dilution factor as they themselves are shareholders.

ok no more questions for a while chatgpt is fairly good.