Called this a few months back. Its a contingency raise, and...

Called this a few months back. Its a contingency raise, and nothing more. Not worried as a LTH. Just hope the raise is in the 19-21c range and not lower. Would prefer it to remain >20c in all truth.

I say its a contingency raise as even if we get the insurance money back from a failed launch it will mess up our timeline and crash the SP. And if the systems fail or something software based happens, the SP will take a hit also, thus we'll still have solid operating cash to get through the storm without having to go back to the market at a much lower price. All in all, they're asking themselves why not lock in money now at a solid SP and use the funds to right the ship? (pun intended)

My guess is this will go to instos. Also, this is Brett Michael 101 - conservative CR before main event.

Don't worry all, this is just conservative management.