The frustrating thing in all of this is that the company have...

The frustrating thing in all of this is that the company have shot themselves in the foot. By setting themselves a 2c Cap Raising, they are really only saying they are worth 2 cents! It doesn't speak much for the plans ahead and where they believe the SP is headed.

A joke if you ask me! 800M shares is an absolute crapload - an additional 47% of the shares currently on issue.

Unless ithe shares are going to a joint venture partner (Iluka or someone similar), this is a joke.