Scorp, I think your proposal (speaking for myself) would probably sound better if the sp was around 4c.
You have to question their (managements) credibilty don't you? They were bailed out by the underwriters last time they went to the market. Will they risk it again? They may still have a bag full of PRE shares...?
They have to deliver something... a plan at least, A resource upgrade would be nice... Anyone talked to Rod lately?