RE:RE:RE:RE:US$21.0 Million Financingnozzpack wrote: We are now $40 million in debt and diluted by another 15 million shares.
SN knows something that most don't know.
Why did they not seek a sale of the NL assets much earlier which would have made this debt added on debt unnecessary .
And what a waste of time Yesterdays webinar was.
Reading off their corporate presentation and rationalizing the debased share price on Algos.
Yeah right.
How about a string of negatives including yet again another production miss at Point Rouge.
So, management are now comfortably enscounced in their salaried jobs for another year or two.
And pricing looks good for their optiins at 25 cent options at the May AGM..
Again, misinformation. We are not diluted as the agreement is to provide warrants. We will be diluted if they exercize them. And we do not have $40M in debt as we will withdraw money if/when we need it.
What is SN?
Management is working with what they have.
You were quiet for some times Nozzpack and I was hoping you got filled to your 7 digits number and let it fly. It seems that you still have some purpose to keep the SP down (sigh).