RE:RE:RE:RE:It's over...sad to say but it is over. Down .01 on 700,000JPH..............thanks for your level headedness. What seems to be happening, in my opinion, is (perhaps) the shareholder(s) decided they would rather not suffer the dilution that is inevitable when at the end of the year, loan monies due will be, in lieu of cash be converted to shares. At .04 a share, assuming the price will be .04 at year end, could add as much as another 400,000 shares to the existing 450,000 shares. Now we're close to 1,000,000 shares. That will dilute us.
That they haven't taken the company private is an indication they want to plow ahead. So in that regard you're correct, nothing has changed except the share price.
Where does that leave us? Maybe a rights offering. It would be part of a total financing package. With moly prices low, investing at the bottom of the cycle is prudent. But, only savvy equity investors will take on that risk. We're already at risk, so a rights offering, if offered, would come after we know that everything is buttoned up (permits, syndicate financing,
partners etc).
It seems the major investors (RCF) want this to go forward.