capital raising announcement at long last, page-3

g'day fish.
been in since December at 5.2 (kept buying to 10c; so avg is 7.8c), thanks to that great goldoz website. it keeps throwing up interesting new ones. Their FML report (available to the public), was a great read; very informative.
As for the CR, I'll wait & see what it's all for. analysis of the production profile going forward tells us their costs will be coming down (as their grade is going to increase). We know why costs were high Q3/Q4 last year.
One thing that does potentially bother me is another poster reminded me that they had advised just 6 weeks ago there wasn?t any CR planned. I can?t find where that was said, but if true, it throws up a potential black mark against what has been to date a very good management team.
I value good management highly in my investment decisions, so if they turn out to be BS artists; I?ll reassess my long term holding views.
Cheers,
Ned.