I don't think will be capital raising. ROY has plenty of cash...

I don't think will be capital raising. ROY has plenty of cash for now. Marcus Flies did said in BRR resource upgrade is on its way with similar grade. Hopefully would be good next week. Looking forward to it also.

ROY targets range 4.8-8 Bt, does this mean they are extremely confident will be MINIMUM 4.8 Bt???

If min. is 4.8 Bt and KPMG values un-developed low grade ore about $0.17/t (on average, depending on location, CAPEX & OPEX, etc.) = 4800mt X $0.17 = $816m (about $3.1/share). ROY has great infrastructure & capex doesn't look extreme.