cash position, page-3

Thanks Hecto

i like the idea of debt too, but that all depends on the banks first & foremost.

Subsequent to my previous post the thought entered that if management went to existing holders with a proportional issue at say 30c+ it could be successful.
My reasoning is that i would be keen to increase my current holding (still cannot believe I'm thinking this), but to do so with the limited volume available on market would be frustrating cost wise. However, if i could increase my holding at a fixed 30-35c, yes 35c, i think i would, with no dilution if i participate.