RE: dilutive & poor timing Yes, it's not to believe in some way they are losing their path or target. So this news seems to say that TAM managment doesn't believe that they can bring Pine Point into production, so playing an explorer to stay in the game a little bit longer.
Delay after delay for bringing Pine Point into production because any financing is impossible at these levels of the share price. They couldn't have done a financing when the price was near
.50, but they didn't and waited until the price dropped again ... without support because of permanent low volume draw down.
Makes me wonder if this managment is professional enough. I hope they set Pine Point not in the sand and with that dying project the money of the shareholders. But right now, it seems. Sorry for that, don't want to bash because I'm invested, but this invest makes me sick.