I cant predict when there will be a capital raise but there will definitely be one this year (probably H1). The question is if management wants to cash up now for an aggressive drill campaign or if they have enough cash left to wait for the results from the second drill campaign (or at least new spodumene interceptions like the November 7 announcement). I hope they have enough cash left for more drilling. With additional good drill results (especially when they get longer interceptions) we could expect the share price to go up, making a CR a bit less painful. If they do a CR soon, I would hope management would trade up the share price a bit themselves (shouldn't be that hard). Anyways, I normally buy in 3 stages as it is always hard to get the timing right with volatile small cap stocks. So I will add if the share price goes down with 15 to 25% from my initial position. Then a third time during a CR or if the price keeps going down further. Of course, this is when I see a long term potential in the stock and results keep being positive. Which I expect will be the case for TYX.
