financing in March 2014?
I'm guessing that if EAG go to the market in order to finance their next round of drilling, they will wait until the NI43-101 is out in late Feb/early March. This might move the share price up a bit and make the dilution less negative.
SA might have some more cash in the bank by then and Dundee have deep pockets. They could stump up the cash and get a bigger share holding at a knockdown price themselves.
I think that next year's drilling program will be pretty big, maybe getting on towards 100,000 m (I'm no expert). If that is the case they will need around $15m in the bank for next year. That is horrible dilution unless the share price picks up.