Decided to give them a call today to clarify things in my convoluted mind.From my understanding of the conversation,they would like to do a financing for around 5m so they would still have a couple mil after the prefeasability.But will only do it if the price is it.By that it would have to be for more than the last financing or they will do just a small financing to tide things over til the pre is done.Would like next placement to be institutional based since right now they have a good sized retail base already.Feels shorting increase may be some selling ahead of warrants that they will then exercise.All I can remember for now Cheers.