only 125m blowout, page-27

Kenso

Debt - Has to be repaid reduce money for Div - How ever once repaid the div can increase - The debt has a limited life span that allows increased div's to current issued share levels after a period of time

Equity - True no equity no repayments - But dilution you share the increased funds with new shares issued permanetly. Unlimited lifespan. So increased profits have to feed more mouths.

Pretty obvious & media now running the rights issue angle

Funding Section of GBG release 29/6/11.

"To cover its share of the estimated increased construction cost Gindalbie is considering EQUITY alternatives that would give shareholders the opportunity to participate on an equitable basis. The Company is expected to be in a position to make a decision on the funding strategy for Stage One of the Karara Project in a few weeks time.

Gindalbie?s major shareholder, Ansteel, has indicated its commitment to support any equity raising, continuing its long-standing support of the Karara Project development..

Don't think you can write Equity any more times.