seems I wasn’t far off. Just can’t get my head around this. Will...

seems I wasn’t far off. Just can’t get my head around this. Will wait to see what the messaging is on Tuesday morning but as it stands I am furious I’ll have to dip in again to avoid dilution. And that this will just put the handbrake on the momentum into seismic and 2H TO/spin off news.

I get the strategy of taking advantage of the price increase to grab some safety cash. But we also have a fallback cash generator of Ungani if everything else goes to sh*t, don’t we?

I also get the strategy of having some exciting news to encourage SPP uptake and hopefully reward those who dipped into their pockets to support it. But I’d much rather be rewarded by the continued steady rise from sub 10c to 20c plus without a cap raise ruining it all!

more heartbreak with this stock. I suppose the one argument that makes me feel better is that this cash gives us a stronger negotiating position with the potential partners. And maybe helps get the 2H spin off done.