Comment by
sfct1978 on Oct 20, 2022 7:34am
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?
Comment by
FrankCowperwood on Oct 20, 2022 8:05am
Remember management and board here are the largest shareholders. Dilution is less than 10%, but on top of the money that will get us to DFS, they open relationships with partners who can raise FL hundreds of millions from the best institutional investors at much higher price. It's a wise strategic move!
Comment by
MimieMaumie on Oct 20, 2022 9:19am
Ladies!! Please calm down... All is well... The sun will continue to rise... This is a smart move... Remember, The Walker family is a huge shareholder!!
Comment by
MimieMaumie on Oct 20, 2022 2:08pm
People: Lets' stop whining and move forward... This move was necesary to secure sufficient funds given all the talk about a recession etc... Having said that, we cannot get the sh.t back into the horse... Its done, over!! Respectfully HJK
Comment by
ITSUP2ME on Oct 20, 2022 3:28pm
I've been holding FL for a long time now but my thoughts exactly...We don't need another PGM...