Looks good, but have a few questions.https://b-tv.com/the-btv-show/episodes.html?id=30
1. Going into construction.
2. Large open pit vanadium mine.
3. Feasibility study completed.
4. Production in 2012
5. Secured $162 million loan
-Cost of construction is about $270 million.
-Need to raise about $108 million
- Stock trading at
.27
- Share outstanding is about 250 million
Question?
How are they going to raise $108 million without significant dilution and a significant increase number of shares outstanding?
I like LGO. I am just asking an honest question, and I am not bashing.
Thanks