RE:RE:RE:Shelf short form prospectus Global1966 wrote: It is rare to raise funds at a level of the existing share price. Shareholders are usually incentivised to buy more shares at a discount.
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And it doesn't make sense to list on the biggest exchange in the world for $100 million extra funds down the track. That's pocket change for investors on the NYSE.
NFG is not going to be on the same level of NYSE as Bank of America. It will be on the NYSE Amex level which is the old AMEX where many better quality US junior mining companies are listed. The 100M is very good for an initial listing on that level. In other words you are not going to see NFG ticket scrolling on the CNBC ticket ribbon on TV. BC