15c prediction, page-7

Signing of the lease option won't coincide with financial settlement (according to announcements); that will happen at some date further out. In the meantime CEO intends to restart further drilling, on signing, so new drill results may be available before cash required. Also, nobody can yet say what form an initial raising will take; it could be via placements to several large investors. Not sure if CEO's constitution allows but commonly you could place 15% of the co's capital without shareholder approval. There could also be a second instalment (requiring shareholder vote) if more than 15% required. If interested parties are keen to get aboard, that contest could even mean placees pay a premium, as Sth Gobi did to buy into Aspire in Oct '10. Just pointing out that a cr doesn't have to be bad news for existing holders.