Unless the company does something to get the SP up quick smart...

Unless the company does something to get the SP up quick smart they are really going to struggle raising the $15 million. The bank wants $20 million so if the rights issue falls over then it is going to be back to the market again at a much, much lower price.

This really was totally preventable. If they had set the price at 35c they probably could have got $10 million in the insto/SI raise and the rights issue would have been easy. Not only doesn't the company know how to mine they don't even know how to do a CR.