Yeah I agree, 80% means nothing. But they are burning though...

Yeah I agree, 80% means nothing. But they are burning though cash very quickly for a reason. I'm predicting a capital raising next year. It will go to some China man on wah nam's side at a steep discount. Just look what they did with their own cap raising. They raised at less than 2c (ASX:WNI). What a nightmare. And of of course they will go hard with issuing themselves options and bonuses. We'll get diluted and diluted and it will be game over. Perhaps Norgard and Patterson, being on the inside could see this was going to happen.