TSXV:FCO.H - Post by User
Comment by
reddog11on Dec 16, 2016 3:08pm
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Post# 25611904
RE:ππππππππHallelujah! $14.63!ππππππππ
RE:ππππππππHallelujah! $14.63!ππππππππThe 100 million shelf registration had kept us in the .40 US zone as no one knows how much dilution will take place. Probably many making assumptions of a $.50 C offering. Nice round number.
So as cobalt has been steadily moving higher we have been stuck at these levels. (too bad). If the cobalt price continues higher, then at some point we will be pulled up kicking and screaming and maybe the offering moves up to the $.60 C range. Just my take.
Nice for cobalt rising in any case. Will help the feasibility study.