Karl,Good post mate. I think its an interesting perspective, and...

Karl,

Good post mate. I think its an interesting perspective, and its definitely strongly argued.

Posty, I think you also have an interesting perspective on this one. I actually found myself borderline bi-polar on my feelings towards the CR. There are moments where I am with Karl 100% and believe that there was no reason to risk our cash reserves and possibly undermine a future CR with additional funding risk fueling fear in the investors. However I also have moments where I am with your ideology. Why could they a) not done it earlier when it was $0.15 (though its safe to say we felt it wasnt needed then) or b) why couldnt they wait until Ooraminna-2 (which is meant to be our highest chance of success) and ride the back of a re-inflated share price.

Very interesting opposing points of view. I still have to say that now that its done, I can see its reasoning and am willing to move on. I will endeavour to maintain faith in the Rig being secured, and a maiden commercial resource being discovered and proven.

Good posts guys! Keep it up!