To answer your question for the short term, you need answers to...

To answer your question for the short term, you need answers to these two questions in my opinion.

1. Is a cap raise imminent? Looks like they are bleeding cash as they commission and a mine needs a good buffer of working capital to keep things moving smoothly month to month. Upcoming 4C Monday latest should shed light on cash position.

2. If yes to 1., what price will they need to CR at to get investors on board? Successive cap raises at lower prices mean previous CR investors all lost, so a healthy discount will be needed to keep investors stepping up with their hard earned. A 10% discount on last close of 78c gets you bang on 70c.

CORNBRED