So is Tom going to go it alone on retesting Rafa-1 by raising some cash? I would have thought the amount he could raise at these levels is so negligible, it rules it out. And would have thought he could have flogged off 2H by now if he was going to, (which alone, should fund us through at least this year.) But not sure why else he releases a preso with a Wilson’s logo and describes it as an update when all the info in it is already known?
Is it better to retain Rafa 100% now we have CEFA onboard as the downstream/midstream solution? Certainly… but I hope any dilution is minimal. Maybe a placement to a strategic investor rather than any hat passing? Ultimately, if we can retain Rafa 100%, we all make more. Who knows.
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