The power station has proved a pipedream in the last 10 years and I've been there for the wasted ride. With regards to a capital raising, from memory the last few raisings were >5 years ago (at 20c and 14c) and exclusively to Graeme Robertson and associates. I dont think GR will go to the market for a capital raise anywhere near 1c is my point.
IEC Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held