article this am in smh re capital raise valad, page-5

Hypothetically on a capital raising...... Peter Hurley holders over 11million shares, I don't think he would be in favour of a major dilutive capital raising, nor in favour of a rights issue of any sort. Though we could still see a small placement done with McCabe at 8 - 12 cents, this would be announced along side some major asset sales.

So no need to panic, I thought about a sell but where there is smoke there is fire, this has been on the way up, and is not in the category of manipulated mining minnows that go up before a cap raising, this is heavily insto backed. I think it will be good news when we hear it.

DYOR