th, cap. raising and short sellers, page-5

Agree - remember the specualtion over the last small cap raising with SIR - it was pretty well 100% wrong and the share price ++ over the next few weeks. This is different now for sure, but if thios makes the path to prodn clear, then it is all good IMO.

With that uncertainty gone, the brokers' valuations will be meaningful as long termers buy in to the story.

On top of that, there is the chance of this becoming a huge story. The entire Western contact is considered 'live' according to Mr Bennett (last release). Then, as Jedi points out, upside from any big hits in C3 which appears to be strucurally linked unlike C2 which was not; C5 may add some value yet; And that slumbering mysterious new conductor 20km to the West - absolutely massive.

If they are raising, it is because they are going to turn this into a mine/s and they must have built a very strong case for the instos before taking this next step.

All conjecture on my part