diluted capital raising for small holders, page-3

JM has already got rid of the debt, how else can he raise funds to make some more plays.
Yes fair comment the dilution is always an issue, but as far as only dealing with the "placement recipients" i can see why. These investors have put their money into the coffers every time JM has asked. In recent times they found $475k at 2.5c (to fund working capital) when most investors were trying to find a whole to hide in. Also found over $2.6 mill in Feb/June 2008. Interestingly enough, the total shares issued over the last two years (not incl this 90mill) has been 68.1 mill at an average price of 4.53 cents. So fellow punters they are the ones who may have a case to complain about. What confidence they must have in the future of our company to stump up another $4.5m? ( I wonder how they see the next year panning out)

We after all had great opportunities to buy heaps in the mid two cent range, didn't we?