Independent....lol.... yes i did think there would be a cap raising.....would u like me to bring up the post from months back where i clearly state that a cap raising may be in order prior to June.....lol....and a shsre consolidation may be in order at some point.
Hasn't surprised me one bit......they can raise $40 mill for all i care......as they will be getting that much back in Sept 08 anyway through option conversion.
Nothing wrong with having more funds in the bank prior to getting to starting the serious drilling campaign.
And if the SP happends to drop back to say 10c......so be it......anyone with nous would see it as an opportunity to top up.......very easy.
FDL
flinders diamonds limited
