at dec 31st, LPD at 5.7m cashcash burn around 1.7m a quarter,...

at dec 31st, LPD at 5.7m cash

cash burn around 1.7m a quarter, they had 3.7 quarters at the last quarterly

Also the acuity funding options which still has half left...

So lets all relax a bit, this isnt a dire straits Capital Raise, this is an opportunistic capital raise. I have no idea why.

But we know this is closer to funding recieved than project started, against a 460m US NPV, thats a pretty big reward on offer for the remaining risk.

Am i happy with LPD? Definetly not, piss poor execution

but is it time to throw outreagouse figures like 2c capital raise or 3c etc... thats just a manipulative investor trying to bring fear into the share price.

Be logical, make decisions based on facts... Lets see what they are raising for