looks like another crap day on the market

A while back someone posted the SP would fall below $1.00, during the last Greek tragedy we faired a little better (despite having less rail capacity agreements and substantially less resource than now), even though the company is in a better position the uncertainty of funding is having a compounding effect on the SP over and above the existing market forces as a result of Europe and china.

Certainty of funding would bring investors back into the stock.. Sub $1.00 the company should do a rights issue for $150M + hurry and settle the deal to sell 25% of vista bringing in at least another $200m ( this should be independent of the current SP) - 350m of up front cash will secure the balance of the 800M required. The balance of funding isn't required immediately, the company will be generating cash by that stage so debt finance should be easier to secure.

Insto's will look at better investments and cpl should tick the boxes.

Thoughts anyone...