RE:WHAT A SHAME It is disappointing, but here are some things we know
1) This management team is aggressive.
They have done an amazing amount of work on Molo in the last 18 months and know the value. Management would have tried to generate as much money as possible for as little shares as possible. Their money is hurt by share dilution as well, don't forget that.
This is what they could get, it is as simple as that. As long as they have enough money to get the BFS, I will be satisfied. The project is moving forward and cannot do that without the BFS.
It does lower out bottom line, but if we get to a market cap of 400 million one day, every single person owning shares makes money...and that isn't possible without a BFS.