Big dilution coming?

Hi All

The following is quoted from the latest TPT quarterly:

"...Subsequent to the end of the quarter the Company called for an Extraordinary General Meeting of its

shareholders to be held on the 12th February. One of the resolutions put to shareholders for approval
is the issue of shares to raise between A$3.5m and A$6m, with the use of funds mainly for completion​

of the acquisition of Project Icewine...."

I am interested in the Alaskan project but the above concerns me.  Why can't TPT try to negotiate some sort of loan arrangement given the concessions that are available from the Alaskan Government or perhaps negotiate a joint venture with the vendors?  If the funds are raised at 1c or below what sort of dilution are we talking about here?

Regards,

Chilloutman