180 million shares outstandingand counting. FST is out of cash and will need to issue more shares to raise more. If Lundin wasn't running this company, I would think that it would go bust trying to develop a mine in such a far off and difficult place to do business as the far east of Russia. But if anyone can have a good go at making this longshot workout, it would be lukas lundin.
Does anyone know if FST needs to find a Russian partner for 51% of Svetloye, or whether they can go it alone, now that they got a mining license for this project ?