If they already know it's going to be a cap raise, would prefer...

If they already know it's going to be a cap raise, would prefer if they do it ASAP.

I know they're baulking at a 20-30% discount, but say it's 25%, better to raise now at 33.5c than to let it bleed to 35c by Feb and then raise at 30c (or even less since they know we'd be desperate)... We've already dropped 12% from when they announced a cap raise is coming! 30% of 50c would have been 35c, at this rate, we might reach that by the raise time..

Unless of course they have a Board Member loan or something is already sorted, in which case, please let the market know. I can't see discounts on SOP improving until KLL first announce they can produce at nameplate and at revised OPEX (atleast 3-4 months away) and then fully recover until KLL reach full production on their expansion, which is what 12 months away? and it could get worse if KLL has a 3rd blowout.