GREY:NMKEF - Post by User
Post by
Steamoon Jan 17, 2017 1:44pm
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Post# 25718218
I don't like this news at all
I don't like this news at allAside from the disappointment of not getting the feasibility update in January like we all expected, I'm concerned that this news can mean only one of two things: 1) Doris isn't going to add that much value to the project so they are in no hurry to get the feasibility update out. 2) Doris will add a lot of value to the project but they are in a rush to get the financing done so they are going to do an equity raise at a much lower price than they could have gotten had they released an updated feasibility study ahead of time. Either way it sounds like bad news to me.