Next yearAs someone who has been long with PTA, and will continue to be long because management and the assets are great, my focus will be on next year:
On May 9, 79 million warrants will expire at $0.35
On Oct 8, 180 million will expire at $0.75
on Nov 4, 28.6 million will expire at $1.25
I suggest patience. A year from now we could have almost 300 million shares wiped from our balance sheet. That'll make a big difference. In the meantime, I would take some of the accumlated cash and back off the debt. Both actions will produce a much cleaner balance sheet and capital structure.
Cheers.