I am generally not a big fan of these. A normal cap raise would...

I am generally not a big fan of these. A normal cap raise would have garnered a 15% minimum discount so 10% is better and they can hopefully juts take what they need which may mean in the absence of any major capital requirements we may not need to draw for a good month or more.

Hopefully there is some development news into the first quarter driving this forward.

I actually think we won't know how good this decision was until after and how they use it which I hope is sparingly.

For those who said they did this because they couldn't raise normally is just a crock. Been a few raises done this past week - with worse companies and they got it away. Just a bigger discount.

I will watch with interest as to how this plays out but it does remove some uncertainty regardless on how you feel about the Company and the delays it has had.