I am going to go out on a limb here and will get shot down no...

I am going to go out on a limb here and will get shot down no doubt. However, I agree with Oubi that the shareprice will be held down until CR is announced and we see at what price. I actually believe that management were really caught napping here. The market knows it needed money as soon as it did the quarterly (we aren't stupid), and instead of doing it when the vwap was at a much higher price, they have left it far too late. I'll take my hat off to them for securing a great tenement and they seem to have a great story, but for someone that dealt with raising capital in the past as a stockbroker, surely he should have been more privy to how the market works. The jury is out for me and although I think the announcements of late have been more than solid, the shareprice has been sold off every time (exception of the first announcement to 6.4c). A 'bad' announcement of a cap raising will probably make it go up as people will no longer be waiting for the inevitable. Get on with it management!