GREY:WFEMF - Post by User
Comment by
TechOneon Oct 16, 2014 3:37pm
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RE:RE:RE:The last NR is big news!
RE:RE:RE:The last NR is big news!Let's hope that eventual deal will be as close to what we expected originally..
But they already are talking about a different project in terms of how it will be mined.. We have had dilutions along the way.. We still owe $10m to IMC and who knows what Dundee is willing to give away in terms of equity etc.. I am hoping rest of the institutional investors are wide awake and are part of the process..
So really, although it is looking like we won't lose our shirts and shorts in WOF, but we still don't know whether we will get really rich or just our return of capital as opposed to return on capital .. Original target was between $1 and $2 .. In hindsight, we should have bailed near 0.50 ages ago and moved on.. This has lated longer then some marriages do now a days.. LOL..