There are people who bought at 6c (I'm not one of them, but no...

There are people who bought at 6c (I'm not one of them, but no doubt they're here) who have had a complete destruction of capital by how the last 2 raises were handled.

If you read this carefully you will see a number of things such as a future raise, lack of data and no secured offtake. It's right there at the end of the announcement. This is a proposal, not a deal.

Even more concerning is this as an attempt to pivot from the alleged copper deal that was being worked on. Where is a tangible update on that, after the raises that have destroyed value and brought us to 1c.

I don't mean to be negative but I have to disagree with your notion this can't touch 0.8c. It can and will go lower if they execute another brutal raise on holders. And this waste rock idea is going to need a raise before it's up and running.