RE: RE: RE: RE: Warrant Jar Regardless,, raising $5m plus $1.5m is still a small sum relative to next year's revenues of 46,000 x $1750 / oz = $80,500,000 (with cash costs of $415 / oz).
That's the whole point though isn't it? A small sum and a relatively large increase in the float. Now that $80,500,000 has to be eventually divided by an extra 56,000,000 shares. And then to top it off, with that kind of incentive, they price it at 0.20. Nuff said. Rally over.