GREY:PGDIF - Post by User
Post by
cudjoon Nov 25, 2016 10:56am
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Post# 25513333
15.5 to 17 million this year
15.5 to 17 million this yearthey couldnt raise 7 million on the last rights offering (5.6 only, remember, Eric didn't pick up one extra right), there is probably 2-3 million left in the bank, they obviously shipped up matertial for a winter program without updating shareholders, they now are on record stating they will spend 15.5 to 17 million, not sure if they could do up to 15 million with a PP (if ALL Robert and Eric does that break ownership rules???, better people than me can answer) so it all boils down to one thing left. Ivanhoe, Robert is on record stating Ivanhoe will consider all it options. 10-1 for IVN shares coming, wonder if Eric would consider that ratio or expect more IVN shares? Does he want to run a division of IVN? Or does he have a desire to keep it Peregrine and work with his brother as the partner, would be interesting to be the fly on the wall in thier offices. GLTA