RE:A raise?chry200030 wrote: A raise is not the end of the world. (if it happens).
The end result = $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$.
I'm not an accountant so any accoutants please jump in. TLT had a shelf share prospectus for 100,000,000 Shares that they dropped recently, why? With those shares they could have sold to market to boost the company coffers.
They have aprox $1Mill Cad coming in .30c warrants in May 2022, They also have another $3.5Mill Cad coming in .50c warrants due in Aug 2022 and Jan 2023.
I'm fairly certain, NOW, that TLT will have a high enuf SP in May for the $1Mill warrants to get exercised. I have a high probability that the .50c warrants will exercise in Aug and beyond. So along with over $5Mill in their bank recently, there should be plenty of money for the next 1.5 to 2 years. No raise needed.