shaking the tree, page-9

I am sure Iggy would be aware of the annoyance in another cap raising and aren't so sure they will need one.
As Moorookamick said after speaking with Iggy they will be cashflow possitive in the last 1/4 13.That is from May till June 2013 which is 9 months away.The cash burn up to then will decrease each month as the plant ramps up so may well be even in the period of Jan till March so it is really only the next 6 months running at a loss.
To preserve cash they could stop printing glossy brochures each 1/4 or could look to sell the Ponton rare earth project if they could get enough for it,though i would rather they wait to drill it up a bit more.
They may be able to pre sell some Li product under a long term scenario.
Selling Mt Cattlin defeats the purpose of diverifying the supply chain which is what they have done.The aussie dollar won't be high forever especially the way the gov are blowing money.
If we work on the pfs figures and say a profit of $60mil will come from the Jiangsu plant and with a market cap of just over 200mil than we are already looking cheap.Ofcourse they need to show some figures from the plant and rule out a cap raising.
Just my oppinion.