I don't expect a cap raising. Not at these levels anyway. At the...

I don't expect a cap raising. Not at these levels anyway.

At the AGM Frank and Peter were pretty adamant about preserving shareholder value.

As others on here have said a JV is the most likely path.

When I spoke to Peter a couple of weeks ago he said and I quote: "There is nothing much happening at the moment." So the quarterly is no surprise.

With the limited funds they have, ORD have been forced into a waiting game just like the rest of us holders.

The only difference is they are being paid handsomely while waiting......