Ann: Copper Search Quarterly Activities and Cashflow Report, page-9

Yes if they find copper the sp will go up and they can do say $10m cr at 50c or higher. It all depends what they find and who is keen to jump on board. From the presentation I think the MD said we're funded for 2 years... that doesn't mean they won't raise if they get good opportunity .
I think it's good to have some shares, they did the IPO at 35c!