Appendix 3B issued - ouch, page-6

Probably that's why they took some profit now knowing that any significant news will be 6 months from now. And probably buy some cheap shares along the way. Capital raising is the only way right now they can create funds through shareholders paying for it. Its painful but they do have some good land there and based on the recent announcements, they are on track to complete stage 1 to earn 20%