GREY:MAAFF - Post by User
Post by
moneymotivatoron Apr 25, 2009 2:45pm
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Post# 15944580
Financing
FinancingI dont see how management would even consider issuing shares at these low prices like if they waited till equity markets recovered you would think they would get a much better deal on any financing. Dilution would be huge but the potash mine is expected to produce million tons say at $1000.00 dollar a ton so they could be bringing in a billion dollars in revenue in the next couple years. I would expect a significant move up in share price to be a signal of an upcoming bought deal just not at these low levels.