The only positive would be if this raising was for drilling...

The only positive would be if this raising was for drilling Nyuni #2.

Capital was already raised for Lidsey #2Hz and then subsequently squandered.

Lidsey #2Hz is a nothing well that is only about increasing short term cashflow. Take a look at what we were told about the UK assets, they were all lies. Going on the profitability of the UK assets will Lidsey #2Hz even generate any decent profits before the reserves are depleted in a couple of years?

The UK has turned out to be a mistake and KEY wants to plow more money into it rather than into the high impact areas? Why?