cr , page-3

Some people on this thread seem to think that all Capital raisings are placed under the same banner. Not true.

The Capital raisings that should be eyed with the most displeasure are the ones that are simply aimed at funding exploration and/or continuing to pay salaries and wages of those that work for the company.

I believe the NEN raising is more to do with raising money to exploit an already proven reserve. Basically spending money to make more money.

These are 2 very different types of Capital Raising and I believe we are in the right category.