Ann: Successful Capital Raising Continues for Iro, page-4

re: Ann: Successful Capital Raising Continues... Well there go all the theories about only raising what was required last time. Apparently another $4m required a few days later. How much more do they need? Any guesses? I have to give it to them. Its been impressive how its been managed so far. Pumping up the share price with that TRF buying and then issuing into it. Sweeping quietly aside the story that they had a dozen banks lined up to finance this without dilution and actually making a virtue of all the cap raising. There've not been very up front but they have got the cash in so risk reducing I guess.