With the company now down to 2 months worth of cash flow, the...

With the company now down to 2 months worth of cash flow, the question has to be asked what price will the Cap raise be done at and at what level?

Lets run a closest to the flag competition.

Things to consider:

1. There is now 2 months worth of working capital to keep the lights on
2. The U play is now dead, with what looks like no chance of a spin off anytime soon
3. The Greenland project hasn't progressed in 12 months - unless you claim finding some core samples in a shed and on your boot and sending them to the lab as progress.
4. There is a large holder dumping stock
5. Come may there are 177m shares coming out of Escrow

I can't say how much they will raise, as I think they will struggle to do it, but i'm tipping $0.015

Put your tips in.