"Why is it good night nurse Flyingdoc if they do a capital raising? That statement can only be classified as doomsday downramping."
If you knew anything about finance, you would know that debt is cheaper in cost compared to equity. The interest is deductible and it is a strong signal that the project has value.
If the capex figures are correct,small in value and the project is of worth then a CR does not even need to be addressed?
A possible CR at a price to be disclosed at a future date at the boards discretion is just a little worrying......
ALARM BELLS ..you expose yourself to manipulation and dilution of the highest degree.
KAB Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
