imo, the best that can happen is that the capital raised will be...

imo, the best that can happen is that the capital raised will be spent wisely and the feasibility study is plausible. The capital required will be out of the question for a $20m company and Ammaroo project will be sold to the highest bidder - SOL. This will leave RUM will sufficient funds to produce a feasibility study for Potash leading to a similar divestment. RUM will then be reborn as an exploration company with funds for 12 mths or so.
Where does that leave most shareholders? With an opportunity to bail any time over coming year at 3 to 4c per share. A relatively low-risk doubling of today's prices. With a world of low/no interest rates for foreseeable future it is possible that asset pries will firm across boards and we might spike beyond my 4c estimate - pure speculation but I might tough it out.

DYOR etc