expect dilution soon, page-2

Ousia. Agree that eventually there will be a rights offer, but with a possible annoncement about a large Australian production run the share price will be perhaps 80 cents hence less dilutive. Previously RC has said money will be both dilusion and NON dilusion(as in ARENA FUNDING) In the quarterly there was a big hint about an on going funding arrangement with ARENA along with perhaps an industry partner. Plus dont forget we have 2m coming from the Turkish process line we sold. So really we have more like 7.5 m not 5 . But all that said you are of course correct. There will no doubt be a funds raising at some point. All companies do that even companies making money but they want to expand. I cant see a problem with this as long as we can see how the company will use that money to make much, much more money...