norwest seeks a$5m for aust./uk exploration..., page-11

I guess for me - given the 2 mil in the bank and the cash burn of 0.5 mil a quarter - theoretically they could have sat out a year without needing funds - even though we know nobody would run the kitty completely dry.

For me though it really doesn't scream that management has the same confidence in the fracc as many posters here do.

Even IF the fracc is a duster - and thats an IF here (not saying it is - and even if it is - it's irrelevant to the point I'm making here) you'd expect the SP to rise as the anticipation of the fracc raises market awareness, bringing in traders who are "Buying the rumor".

It just doesn't make much sense.

I'm not complaining as it's brought down the SP some more and provided possibly a good floor for me to re-enter - so for all those that dislike me and my style, then you really mustn't like today's activities that benefit a trader like me over a holder, like many here.