may not go down

The direction the share price heads in depends on the purpose of the capital raising. If it's to fund a larger drilling program targeting a larger resource then that's a positive. If it's just too have some extra cash in the bank then that's a short term negative. If a notable shareholder comes on board that'll also be a positive.

Hopefully there will be some information on when drilling is to start. That'll defintely be a positive.