Well, I agree now is a terrible time to raise with commodity...

Well, I agree now is a terrible time to raise with commodity prices so low. I hope (and expect) we’ll see improvement there by eoy. But it’s possible things will become worse though if trade tensions escalate or there’s a significant market correction. If this occurs I doubt the co will be in a position to raise and proceed with the project in the short/med term

In any case, I’m quite sure Tony would want to raise prior to the end of the next quarter. if he lets the treasury drop too low the inevitability of an imminent raise will be discounted into the share price which will reduce the value of the raise itself. We’ve all seen this happen

These are just my thoughts. I hope there’s a share price bounce soon. Suffering longs deserve to leave this horror show with a few crumbs of their original investment