RE:RE:IC Potash Announces Financing of course its bad, dilution is never good. 20 millions of share (10 % of the shares float) below the market price and the 52 weeks low. All that for a fantastic 5M$. CEO will have 10 years of salary with that , yay!!! Feasability study must be "really" bad for them to raise fund when they still have 12M$ in cash. Here a quote for the MDAA: "It is anticipated that the capital cost and operating costs in the Feasibility Study will be greater than the capital cost and operating costs disclosed in the PFS"