IVZ media thread, page-7413

Its more if they made the decision if they were going to keep a rig on site and not demobilise it in the first place then they are all in and not half in probably no matter the subsequent dilution cost after the Rights Issue failure as we can see now how much it's now all really cost the company. Again makes no sense to not have raised at 8c in March after the failed RI then they'd at least have a chance with the remaining cash raised in Dec and that cash raised to not only make use of the rig but not waste cash on it being idle. Good flow test and there's no reason that Mangwana wouldn't have participated and probably at alot more than 10c ? so it is not really back to square 1

I haven't really ever seen a junior explorer keep an idle rig on site and burn all their cash in this way.