some clarification please, page-7

joy sav,
how do you find that DYE has -cash to go on for a year from here? so a cash raising is not going to happen.

Latest cash position is Burnibg/spending $6901mil for half year with $5800mil in bank.
you know a company likes about $2mil always in the bank so it would appear that a capital raising is on the way probably this quarter or certainly right after the demo TATA tin roof.

Our Management has a history of the share price finally starts to get a move on and they kill it with a Placement/Rights Issue.
The last one at 90 cents was particularly galling because it was solely a Placement to sophisticateds etc.

This has the effect of taking out of the Buying Market large fresh money.'Why should they buy On Market?'think BigBoys'When their pal Ricky the internationasl jetsetter and financier will flog 'em all they want cheap?'

anyhow we've posted about this before ad nauseum but i think auzeph has called well on an upcoming raising.