Hi Matthew, If you read the quarterly that should give you...

Hi Matthew,
If you read the quarterly that should give you comfort that there is no need for any cap raising. After the US$10m increase in project cost to US$185m there is still US $95m surplus to cover working capital ($30m I think) and spherical studies/construction. No issue with cash.
I think if you/Melua are waiting for the directors to buy you will be waiting a long time as they are probably pretty much permanently in a blackout period given the ongoing off take negotiations.
Tolga may not be a director however he is intimately involved and will be running the whole downstream seminar/info day in a few weeks time. He hasn't sold any shares and remains fully committed to getting the project into production and rapidly expanding the whole downstream (batteries etc) area.
I think the information to come out on the 17th will be eye opening in terms of future demand and the possibilities open to Syrah.