equity raising - too late to buy cheap, page-3

Hi haroldparsnip,

I agree with you ,i doubt kar will do a cap raising whilst the sp is low .

even so if we did have to raise at these levels, we have a relatively small number of shares out there and i doubt the dilution would have to much of an impact .

Brazil float may also offer up a pot of gold that will go into the coffers, which may ease the burden for a big cap raising here .

we will see the type of deal that can be struck with a jv ,data room must be buzzing now.

Next 6 monthS will be good i feel, as long as the double dip recession theory doesn t happen otherwise it will be a long slow climb .

Long term is solid .