All I can say to some of these recent posts is..... What...

All I can say to some of these recent posts is..... What tha?????

The share prices has risen 1000% in less than a year. If they need to raise capital that goes above the 15% threshold, shareholders will approve it in a heartbeat. Who in their right mind would vote against it, given where the company is heading???

My money is on an insto placement as once the decision is made to proceed with the purchase, they will need the funds quickly, then either a rights issue or a SPP to fund continued activities.

If the next round of announcements is positive, then I really can't seeing there being much discount (if any) to the current share price, which is at least double what I thought it would be going back no more than a couple of months. This means much less dillution.

This whole debate about issuing more than 15% of issued capital is, in my opinion, irrelevant.