RE:RE:RE:RE:New share issue coming.Cuisdafuture wrote: I'm not sure it's genral operating cash, since they have good cash on-hand and Q1-25 will add more.
I think they've been notified of the pending permit approval (June/July) for CW and will use the funds for CW cashflow and to begin buying heavy machinery. Diluting for no reason would be extremely dissapointing from HBM management.
They did do it once before for general operating expenses and that is one for the reasons Waterton had given for replacing the last CEO.
To many near term opportunities not to believe it would be used to advance one of them. Not just CW but they have some real Gems around their Peru property if they can get the community buy in to drill.
I much rather have the cash in this order to develop their opportunities:
1/ Cash from operations
2/ equity
3/ then debt