Skyrocketer that's true, and I realise the cap raising is about surveying the potential, rather than solely monetising JW (if commercial). My point is more about market sentiment -
if JW1 should not turn up sufficiently commercial because of flow rates or any other reason...
and that news is announced pre finalisation of the cap raising...
I expect many many LTers will be gun shy about pumping still more money into the company we've built, despite the obvious potential. Either way, I won't sell my current holding, but, I also will find it very hard to have the nerve to cough up and extra $15K or even $5K.
Fingers crossed it's all academic, and news of flow rates pointing to commercial find all, well, flow in soon.
CTP Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held
