the markets response to management, page-25

I think management have done well to never yet overly dilute and stay strong in doing so. I think however what they will look for this time is to get the best placement such as to provide project certainty (to IFE) and working capital to continue to move forward with alternate exploration (Telephone Dam), until the cash feed kicks back from the IFE Iron Ore sales.

Like the rest of us, just have to wait and see what that is, until its know SP will be left in an uncertain state.