whats happening ?, page-10

sp = 3.6c so cap raising would have to be around 3c??

o & g plays are risky as well as expensive, as we all found out with the duster recently

Massive dilution would be necessary to get anything off the ground and they need to do it quick - $340k in the bank - ouch - that wont even cover admin costs in the medium term so even as a shell it's worth is diminishing.

But.. the directors have pulled rabbits out of the hat before, so will be watching with interest.