my view is its the less riskier of moves to do by management. It...

my view is its the less riskier of moves to do by management. It will likely be soph's that will fund in. If they went to shareholders after fraccing and fraccing didnt work, the company could almost go under imo as nobody would pay $$. They should have cash now to see through the fraccing and to reserves booking, or at least tie in for tamarama - 1 to production. Its almost a 50/50 if fraccing works. To do what GLL did and get strong water rates and wait for a 4-bag before capital raise, but GLL were lucky and RLE aren't banking on luck