RE:RE:RE:Specific to Grafoid/Focus
Jimbo voices genuine and valid concerns. Who wants to equity finance at 33c, with the associated dilution for current holders on say a 50/50 equity/debt split? Not me for sure.
The problems are imo not Focus related at all, they are overridingly market driven. No appetite for juniors, as you have been able to make excellent gains on the main market over recent times, low interest rates forcing investors into stocks for a decent return, why go higher risk atm? This should hopefully change if economies improve and QE tapers, whilst Management move to remove risk here from offtakes/financing, leading us to cashflow from a trading company.
Long game here still. If we get to production, we should all make a very good profit, but i will not pretend to be happy about the SP, no matter how much amazing potential i believe this company has.
Long and strong here though.