We should get an update on the quarterly pretty soon of where the cash position is. Looks like they are planning some significant drilling on the graphite prospect which will obviously have a cost. Personally if we have to do a raise to do the job properly i'm all for it, even if we add 15-20% more shares. Defining a big graphite resource in the current market should be the focus.
Ann: 200km of Graphite Potential at Eyre Peninsula Projects, page-21
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