cap raising, page-37

The capital raising was to be expected, it would be silly to pin all of your hopes on the coal sale. We did that last year and got burnt, so looks like management has learnt that lesson.

Having money in the bank again gives LNC greater flexibility not to rush into a sale. Though having pros (who are getting paid a generous commission)looking after the sale I'm sure we will see a result.

Hey, it could be worse, if we did not have the coal fields to sell then the capital raising would be for $1b.....