First off I will forgive your rude and sarcastic comments.
Logically you must be saying another cap raise is needed, I commented that sadly 0.004 might happen.
I find it alarming if you are saying they need more holes to figure out a plan to extract some low hanging fruit that would avoid the need for a cap raise.
I think the management will do another cap raise and no doubt they have money to buy their entitlement.
imho they have burnt a lot of investors, I am not sure investors will support another cap raise to drill more holes.
Ann: $1.66 million Rights Issue Shortfall Placed, page-82
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