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Though I would have liked to see them do the capital raising...

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    Though I would have liked to see them do the capital raising once only, it does make sense that if they can get the price higher to raise the rest or if they think that they can get a loan facility by writing some contracts in the mean time. $15m will last 6 months-ish. Maybe that is enough time to get the JV sorted and some (or all) of the 10 builds done. At which point the SP should be much higher.
 
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