ORD can exercise it's option at anytime. So no cap raising...

ORD can exercise it's option at anytime. So no cap raising required at this stage.

Once Minyango and Wiggins are operational ORD could for example decide to find another buyer for it's 10% stake and on-sell for immediate profits.

Refer to this announcement:
http://www.hotcopper.com.au/asx_announcements.asp?id=234434

and this clarification
http://www.hotcopper.com.au/asx_announcements.asp?id=235273

which clearly states:
ORD will not raise capital in the foreseeable future to fund the exercise of the option.

Caledon Resources now up 2.50 to 104.12p - the highest it's been since December last year.