Yeah agree mate I personally would like to see them try first...

Yeah agree mate

I personally would like to see them try first utilising the small facility and only capital raise as a fall back. Management have advised me that the last raise was all the equity they needed to be able to lean on the loan for basically working capital but we all know that can change depending on ramp up.

Feel they were a little generous with the vtxo oppys on the last raise especially the 5,000,000 oppys they gave to the brokers as there almost work half a $million now and they haven't even been issued yet feel like that was a bit of a piss take but I'm probably just jealous I didn't get given them lol

All that said the current diluted soi is quite healthy and they have literally got this project off the ground on the smell of an oily rag which is very rare in the industry and gives them some flexibility capital wise without being detrimental to the share price.