RE:Re: eric sprott.. On their last cap raise they issued Sprottyou are late to this game... there is no share to be issued. company received loan papers offers for the rest of the project from banks in france. i strongly suggest you check a bit more ;-)
good luck
drunk@noon wrote:
a bonus half warrant for every share issued. Thus when the financing is announced the shares issued to go along with the debt, will likely have the same half warrant issued to go along with every share. Thus , more dillution. i.e instead of another 50 million shares, you are talking 75 mill fully diluted at todays depressed share price. This annoys me as the discounted Nav per share of the project is 3 times higher even at 1750 gold.