2017 The new Capital, page-189

G'day BV,

Thanks for the chart yesterday, much appreciated.

I'd love nothing more than for the share price to go on a run but I think CAJ might be a slow burn for the next few weeks. We're in the middle of a capital raising and it's a pretty big one, looking to raise about $40,000,000 at 14 cents a share. There are 523 million shares on issue at the moment and if the CR is approved it will add another 285 million or so shares to the register. The vote for the CR is on 5th April so maybe not much happening until the outcome is known.

Could be some good news to go with it as the company has a JV waiting in the wings that is yet to be signed but that is pure speculation on my part.

It's a bit quiet around here at the moment. I think we are all a little shocked the share price might go in another direction that is not backwards, downwards or sideways.