$21 Million financing I am really pleased with this morming's news. The current market is awful for juniors and equity financing is terribly dilutive for the companies that have go go that route. Securing this large debt financing gives us all the lattitude we need to move Goldboro forward and secure the build financing when the market turns more favorable.
As for further drilling, I'm pretty sure that Kevin might use flow through financing, but only when the share price rises a bit to keep dilution to a minimum. He always said he likes flow through financing, and he said it again in yesterday's webinar.
Kevin's focus has always been on keeping dilution to a minimum, and he has proved it beautifully with this bridge financing.