at the market program = strong negative reactionIt's very obvious over the last few days how shareholders are responding to the at the market program. Profound disappointment would pretty much sum it up.
I believe the part that is inconceivable to us the common shareholder is that the key and a project was supposed to have a 95% IRR… If that's the case with a two-year payback… Why do we need $100 million dilute of insurance package?
is there another shoe to drop? are the grades inconsistent?
are the rock formations so unstable as to increase costs?
The supply chain problems are nothing but deferral of revenue. So it means there is something unexpected. I would say that $100 million worth of stock is material to the company… And to the shareholders for their investment decisions. Management should be forthcoming with what the problems are