Ann: MOD Raises $18 Million to Turbo Charge Growth, page-45

Well I bloody well would.

Lets face it - anyone could have walked off the street and organised a CR at 4.7 for MOD this year. A child could have. Should not someone on a good professional salary be doing better for shareholders?

Yes I know the journey - I know the SP is at 12 months lows. I therefore know this could not be a worse time to raise a huge amount - an amount which is totally unnecessary given we are fully funded for the next 6 months of exploration and can have a pretty good belief the SP would have been much higher soon - and certainly not much lower due to the economics of T3. Christ it was at bloody 6 cents a month ago. Could have done it then for 5.6 !!

Anyway fill your boots at 4.7 - no need to wait for the CR - the leeches will suck up any shortfall gladly - prevention of which is probably my only reason now to take up the offer.