The company has stated previous that they were looking for...

The company has stated previous that they were looking for projects in Australasia and elsewhere, so this doesn't surprise. As for environmental risk, unless they're looking to drill trough an escarpment a la BTU, then I reckon they'll be right.

I wouldn't be surprised if a retail capital raising could come up soon. We have >$9m in the kitty, around $8m budget for Botswana drilling, and whilst this purchase was made by shares, we don't have much left for drilling and other costs associated with tis purchase.

Botswana has been operating for a while now. Results could be interesting. Maybe one more ANN/pump before a raising? Just a guess. The insto raising was @ 20c, so I'd hope we'll get a bit higher than our current SP for a new raising.