Considering upcoming CBM results and kick off of phase 2 one would think a CR could have been done at higher price in the next few months. This suggests to me that the funding is needed asap, possibly for acquisitions, commercialisation, infrastructure etc.???? Its all a bit of a guessing game really, better to wait and see, it is hard not to speculate at a time like this though :). Could the fact that the "elite" already know the terms of the CR mean that not all holders will get to open the wallet? If not i guess at least it would mean less than the 50% dilution being discussed?
For anyone who hasnt already, or for those that have, the brr webcast from last week is worth another listen in light of an imminent CR, particularly the last 5-6 mins. In regards to producing/supplying helium "under our own banner".
http://www.brr.com.au/event/64443/partner/marketinformer
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