i really can't understand why you are so fixated about mak doing a capital raising. they still have a heap(currently close to $18mill imo) of $$ even after the bcd deal.
what projects do they need to raise $$ to move forward atm?
if wonarah's development though the verte group involves a raising to verte's investors in association to the large loan imo this is another matter and in no way negative.
bcd flying and mak own approx 45% of it, page-16
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