They'll obviously have to raise money to get the ine up and running, but they seem to have good support from institutional and sophisticated investors - they had no problem raising $2 million @ 17c in August 2012, when Fe prices were languishing and the share price was at 14c.
AGO had to raise money to get up and running - likelihood of cap raising can actually be a great time to buy as it scares a lot of traders off and creates and artificially low price environment.
They have enough cash to at least get them through to completion of TSX listing.
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