RE:We need a PP before drilling I see the logic, however, Bonifacio should do the financing at least above $1 or better yet above $1.25 and show some darn conviction in a company with 16 billion lbs of fn copper, I am sure he doesn't want to look like a limp fish with no guts. These below $1 financing deals are for little fish companies that don't have a pot to p in.
If Fortescue wants more they should pay a lot more!!!
There shouldn't be any of these sweetheart love making kiss me sweetly deals.
Move the darn share price up and make them pay.