Parrot,Won't get an argument from me on that score. To raise...

Parrot,

Won't get an argument from me on that score. To raise A$20m at this level (if it holds) will take 200m shares - not a very attractive proposition to anyone let alone current shareholders.

By my way of looking at it though, the Equity raising does not need to happen right now, it could happen in 6-8 months and still be viable. Now if the debt portion of the project cost were to be wrapped up in the next couple of months, there SHOULD be a rerating of the share price and allow a more shareholder friendly equity raising.

My real point though was, do you think there is any chance that RAB SSF might be planning to throw a lazy US$65m GIP's way out of the US$200m that they are raising for their listing?

Cheers

Badfish