GREY:BAJFF - Post by User
Comment by
dlegovichon Sep 13, 2007 10:59am
208 Views
Post# 13386465
RE: Bought Deal Financing
RE: Bought Deal Financing1.86$ per share + 0.65 warrants (not the usual 0.5).
I can remember a BTV interview with our CEO saying that we had different options for subbornate financing and also that a share dilution would have been better if done north of 2.5$ (US$) per share.
Under that price mark he said it would have been better to bring in a partner, and there were more than one of them interested.
Does anyone recall that interview?
Also, will these 45 million dollars (+ yesterday's debt announcement) be enough capital?
Don't we need some 600 million total capex?