Any decent refinance funding will give us a far better valuation then we currently command and while I still think we will be a way off from the Baillieu valuation--- up to 33c per share. This report does highlight the multiplier upside that can be gained from here, if the current board can secure acceptable finance.Even if we issue significantly more shares, this asset I believe is world class.
Time is ticking, but leverage is begging-- both ways !!!!!!!!!!
