Yep.
I would hope that they use debt as opposed to equity to raise the funds. Although in this climate they might find it hard. If they had a JORC then they would probably find it easier however. We are due an announcement about the JORC.
The end of financial year statement will be a good indicator on how they are really going. I am eagerly awating this one.
I am still happy to hold while "we" work our way through this one. Not sure however if I would part with more money to take up a rights issue.
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