RE:Avanti Mining Issues Shares in Lieu of Cash to RFC
so that is 60 million shares, now we are at 500m outstanding. Can someone explain other than the company buying back these shares some day in the future, how this is creating value? Is this the only way Avanti can forward the project? I can only guess that institutional buyers are waiting for the final roll out of the share structure before buying, given that the project is moving forward. I suppose investing too early in a project can have its downside. Are we being washed out?