TSXV:CAV.H - Post by User
Comment by
junior_mineron Mar 19, 2007 3:29pm
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Post# 12445492
RE: RE: It''''s the dilution...
RE: RE: It''''s the dilution...Had they released PEA that double the production at year five, we would not have any problems.
Anyways, they don't have to raise whole $540 at once. If I understood correctly, some (rather smallish) part of it is reserved for expansion at year 5.
I'm hoping they get all the loan facilities and offtake agreements in place before raising money to do it with better stock price.