Insiders recently paid over 60 cents
Check the filings. They weren't trivial purchases either. I'm surprised by the financing given their open market participation of that magnitude, but either way the SP won't be under $1 for much longer. Before this dilution it was trading at a significant discount to the NPV on SF alone; meanwhile the financing shows commitment to charging ahead on the real crown jewel.. so I really don't thing existing holders should be alarmed. I wondered how they were going to progress AP because this was never clear from the presentations, and now I know.
https://www.timminsgold.com/news/2013/index.php?&content_id=250 (SF NPV)