Ok so I must think differently than some others here, so my thoughts on the CR are these:
1. CR removes constant unknown of dilution from ASOF and in particular ASOF's incentive to drive SP lower and make larger percentage on each tick up
2. CR provides guaranteed funds for JORC resource proving
3. CR removes monthly distraction from management
4. CR is first REAL sign of confidence in the stock. I see this latter point as especially important. Especially as it removes a rather desperate way of financing working capital. Confidence by the management and confidence in the management.
5. CR establishes the base SP and market capitalisation.
Sorry, CR of this size is too costly to offer to all SH's.
I see nothing but good news in this.
my thoughts
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