RE:RE:Chances of a Private Placing ?So, the company would instead of using low interest rates on debt go for a dilution of shareholders knowing they will be gushing cash in the end of next year.
I find that amusing. Not saying that it will not happen but I find it amusing. IF they want to do a fundraising first they need to get a reserve report out and tell us what they can verify that they have found so that we at least can price this company correctly. At the moment it is easy to say that we are only priced at what Cascadura is worth, and that everything else is not even priced in to the share price.
With such a low price a fund raising would be a very bad move in my eyes and totally crush whatever little faith I have i Paul Baay!
Bottom line. There are BETTER alternatives!