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23/02/12
09:58
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I would've replied earlier but was suspended.
Just a few points.
7 months isnt long term.
They said no capital raising for phase 2 and phase 3, as you said its in the prospectus and other announcements.
We havent reached phase 2 yet and hence obviously phase 3 so therefore raising were to be factored in when investing.
This raising is because of a great opportunity and wont effect SP too much as you'd expect those in to hold.
That said its at premium anyway at 30 cents.
Management being the major holders... thats a good thing.
Great management and great safe stock if you have the patience and dont panic sell on obvious manipulation.
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