The PP got filled quickly at $4.00 in Feb and the accelerated warrants were a success shortly after at $5.00. This new offering is already filled in my opinion. The timing is suspect but just a musing on the $0.80 PP price: All commodity companies from promising juniors to blue chip mining producers are down in value since recent highs by a factor of 6 to 10, and in our case down down a factor of 7 from the last PP. Is it logical to calculate that in todays market and todays dollars, that the PP at 0.80 is equivalent to a PP of $5.60 last Feb when the previous board offered it and the warrants were exercised?