Patience, page-161

photis I understand why you do not want a cap raise at current levels but that's the position the company is in.
Surely as a SH of a mining company in what has been proven to be a very difficult environment to mine in you don't want the company to continue to mine with a very poor balance sheet. Not to mention all the other very costly regular issue's they have experienced.
This approach would make the company totally vulnerable and I believe running the company in such a manner would be negligent.
One way or the other a cap raise is needed.