Sometimes I wonder whether a cap raise pre-approval would have been the best option, at-least then we'd have stayed on schedule, and all this doubt over where the funding was coming from would just be a bad dream.
Like alot of you I have confidence in Pete, and the "debt facility" - although in this market, it's getting harder to believe.
A Cap raise now just wouldn't work, and like supertamp said above- It seems Pete could be more likely to wait until Fonda revenues start coming in.
What ever happens in the short term doesn't really bother me though.
I'm going shopping.
Good day to you all.
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