is a capital raising on the cards...methinks s, page-2

Ditto that jooooooles... as raised in a previous post this was one of the possible explanations put forward for the ongoing lethargy in the share price. Cash burn appears high but so too is the upside from successful exploration. I guess we'll just have to wear sideways moves for a little longer until the market re-rates this stock. One thing I do know is that re-ratings, whether up or down, tend to be very swift. If there is to be a placement I would expect a move upwards soon thereafter as the cash squeeze is addressed and the company can give life to expanded exploration and, hopefully, greater promotion of its assets to the investment community. In short, I'm holding-accumulating-watching with interest...