Ann: Trading Halt, page-84

6 Am$ cap raise = 9% of marketcap before cap-raise

These 9% are dilluted by approx -21%, so the mid/longterm "dillution-damage" for existing shareholders is around -3%.

To be fair a bit more, if you include the expectation of a PSA SP-jump and ask the question why not wait some further days until PSA will be hopefully signed.

Maybe some CR participants will make a quick buck on Wednesday . Maybe new CR-investors come on board, like the story and buy more on market.

And maybe Scott would like to keep "Plan-B = Do it on our own" open with this CR.

After confirmed PSA and successful seismic we're hopefully a 100-150 Am$ marketcap company. 20 Am$ copper explorer Cyprium managed to raise 90 Am$ some weeks ago. It shouldn't be impossible to finance well-drilling via equity based on SP development of last few months.