GREY:ADEXF - Post by User
Comment by
Shlinker_on Dec 16, 2013 7:10pm
182 Views
Post# 22011710
RE:More Dilution
RE:More DilutionYour right about the dilution issues we've seen over the past 2 years.
But what im trying to come to terms with is that why would RB PLC, XDIP, and the financial institution they recently paid with shares (cant recall who it was now), take shares as payment???? wouldnt that mean they have faith or know something we don't? why would RB-PLC take shares if this company or the property were going no where? or if AEI were going bank-rupt? AND XDIP doesnt have to be paid if they decide to convert to shares.
I also like the fact they are changing the royalty rate. It was too high before. changing it to 2% is almost a hint too isnt it? Why change the royalty off-take agreement if theres gonna be no off-take?? maybe this means they expect an actual off-take - which means theyre producing iron ore. No?