Hi Leopold...been away on R&R...(1) the raising is small (2) CKK cannot borrow this money from regular banksin Oz...cheap money is a MYTH and CKK's balance sheet and trading history wouldn't qualify for any speculative lending (that's how the banks would see it)..Heck!..Andrew Forrest is having to pay up to at 12% for Fortescue borrowings....ITS ALL GOOD !....LEE