The direction the share price heads in depends on the purpose of...

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.