It's a spec company, a raise is always around the corner, whether that corner is big or small. It's the job of a spec to spend money and try to get something. It amazes me that people freak out about a raise; they are inevitable. If we get some very good news with Austria or another acquisition and raise off that, we will be fine.
With EQN moving and going way higher, we would be stupid to sell any of those shares under one dollar. People saying we will use that money, I disagree right now. If the iron ore progresses, that's a $200 million asset straight away. 200 million EQN gives us 65 million, so why would we sell any now? Look at the EQN raise; if we do this correctly, it will only fly. EQN is nearly 100 percent up from the raised price. We need to ask Zac for advice on this raise, and at this stage, he's doing more for us than Nigel. We are in a commodities supercycle, so even if we go backwards a bit, who cares? Let's get these projects going. For us long-term holders, progressing forward is all that matters. I supported this big time as it fell and added close to 2 million shares. Progression is fine, and if it takes a while, I don't care as long as it will happen, and I can see it will.
BTW we haven’t heard from old mate Nigel for a while . When’s he going to buy some and when can I thank him more for the share price moment that Zac. Joking not joking.
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