Missed Opportunities

In 2010 -2011 rare earths were all the rage ALK at the time had 271M outstanding shares with a share price well over $2.00 at one stage a demonstration plant producing samples to potential end users, surely the company was in a position to achieve, the board would have known how much finance would be required, Sell the company ,sell the story how hard would it have been to issue 330M shares taking the total to 600M to raise over 350M . Imagine telling Fund Managers and retail investors we will not be doing any further capital raisings we will have enough funds to build the DZP with the help of cheap overseas Govt loans and favourable debt facilities with a possible 15% strategic sale of DZP to cover any short falls.( Missed Opportunity number one) The sale of Mcphillamy's at the time was a good deal but what I fail to understand is ALK"s strategy, why keep RRL shares wait until they reach a high of over $5.50 only to see them fall below $3.00 then sell the majority to fund Tomingley ( Dumb Founded )( Missed opportunity number two ) Closing out the Gold Hedge? If ALK had played it smart we would have had 75M at least from Mcphillamy's with another 350M from the capital raising that was done in 2011. I know it's only a possibility but ALK board have had the opportunities to secure this financially just hope they haven't stuffed it altogether.