RE:RE:RE:On going dilution I've been wondering exactly what the $20 mil is needed for. It's not enough for the post-PFS work, they'll need more. I don't know whether it's a cautious move with market turmoil ahead of us or maybe it gives them added strength for future negotiations, my first thought was more cynical, are they handing out cheap stock to friends and themselves.
Anybody any thoughts why $20 mil now?
sfct1978 wrote: Giving away our money at this low of a share price is frustrating to me. We all know based on all these great drill results that the delayed PFS is going to increase the share price in a few months. Why couldn't this have waited until after that to give away less shares for the same $20 million that we apparently desperately need in addition to the $16 million already in the bank?