I also would like to acknowledge the huge contribution of...

I also would like to acknowledge the huge contribution of KARICOUM to the understanding of the science behind POH, probably second to none on this forum. However I don't think that elevates him to the position of the anointed one whose statements cannot be challenged.

There are plenty of silent potential POHsters out there that read these threads and don't comment. For one of them to come away thinking that POH won't raise capital because they didn't do it in October would be misleading to say the least.

For the record I have never argued that POH will do a capital raising. I hope for all holders sake that there isn't one. My point is just that POH needs funding from somewhere and that ruling out a capital raising as a possible source altogether would be premature. Hardly a controversial view when the lead broker entertains that exact same possibility in their valuation.