Capital Raising, page-65

Hi squire, we differ in the timing of any cr but thats about it. I know there are dangers but I do feel strongly that if the instos get any whiff that we seem to be begging for money they will crucify us. Just my opinion only here. At the moment FAR have nothing more to offer than is not already known by all and sundry, any credit raising now will be at a massive discount IMO, and I'm not sure that they will rush to our door even then. The last cr was done at 11c we are now 2c lower, I doubt any of them will feel like kicking in more until they see some real upside. I also think this will make other insto's wary. I have faith in the current management, I'm sure it will work out in the end, whichever way it goes. GLTAH DB