david neate, page-11

"perhaps a method - wouldn't be surprised to see him partake in a capital raising...
"
makes sense Antman
they havent got much cash left so perhaps the pre Fermat strategy for punters is to wait for the sp to dip from a discounted raising and take a position then.

Apart from that, MC is $22mil at 3.5cps
In this market, thats comparably very expensive given they have no production, potential reserves yet to be determined, and hardly any cash.

Might take a position if it dips to 2.5c. A heavily discounted cap raising might get us there.