capital raising announcement at long last

My posts in the recent past were pretty clear that I did expect a capital raising.As mentioned in my prir posts this was pretty obvious when one read the accounts so nobody who did proper research should be surprised.
It will be interesting to see how much the underwriters have managed to get the shares away at.I note the share price has been rising from the lwer levels for a short time.
If they continue to make low pre tax profits before tax per gold ounce dug out as compared with their peers then this may not be the last capital raising.One can say what one likes about capital raisings and the uses for the money,in this company's case it looks to me as if they need some more working capital as well as any possible capital programs.Dilution. Dilution is the large concern in my opinion.I see you have arrived redned71 .
Fish