Capital Raising would be terrible, but they are looking more towards debt funding, however we have heard that many times and nothing yet eventuated.
There are always deals that can be struck in one format or another, the TOE deal with Macquaire yesterday is an interesting example, Im not saying good or bad for them or even possible for IFE to obtain, but its interesting to see some of the dealings that can happen in the market place.
If IO Pricing remains at $120 and with a proper published detailed execution plan - an updated VFS! there is a chance.
Current SP crashed to this level when the IO pricing was at $90 and the faith was lost and hasnt recovered since. Will be interesting to see what occurs at the AGM.
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