lambda,I'm not saying there won't be.I'm saying I don't think so...

lambda,

I'm not saying there won't be.
I'm saying I don't think so and I am showing why. Not merely expressing my opinion, stomping my feet and saying it's my opinion because it's my opinion. Onb those numbers, a cash float of 60-65m with receivables can last a very long time. Long enough for you to get your business right potentially.

Using analysis, say from JPM but picking and choosing what you want out of it to then put forward an assertion as fact is in my opinion (if I may) disingenuous and misleading.

The report alludes to pricing requirements, funding pressure etc. Basically on the funding/capital/balance sheet side of things to paraphrase, the analysis referred to from JPM is saying "things are tight". And they are. But "things are tight" does not lead to a definitive conclusion on the subject of a capital raising.

I've said more than once on here and elsewhere, If the company issued another 1.5billion shares and wiped out Sojitz and MtK debt that I would be in favour of this (somewhat tongue in cheek - but you get my drift).

The cap raising/debt raising/rights issue thing has been talked to death as though if it eventuated its the end of the world which it isn't.

The symbolism and importance of first production, repeated commentary from management of sustainable production and supply, evidenced ramp up of production and sales is as lost on the "long-term holders as it is on the daytraders, chartists and those who hold short positions.