Ok we had just over 500k at 31 dec 2013. By now let's assume...

Ok we had just over 500k at 31 dec 2013. By now let's assume this is back to 300k- does the company do a capital raise now at probably 0.05 to start drilling Fraser in march- I think they need to raise at least 3 million this time around. For credibility it would be great if the co. Gave the ord shareholder a chance to participate in a spp or rights issue. It's crunch time this year for ram - either we will be on a market cap of greater than 10m or probably extinct. On the other side, it would be possible to offload a stake in Fraser say 20% for cash which would enable a smaller capital raise. It's a tough decision either way for co management