GREY:RNKLF - Post by User
Comment by
factRbeston Feb 21, 2017 5:09pm
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Post# 25874013
RE:RE:RE:RE:Has anyone else done the capacity calculation? eoq
RE:RE:RE:RE:Has anyone else done the capacity calculation? eoqOr the other option.
If Beta is not up to output and the share price is still at these prices then walk away from this option.
The dilution is not worth it. Remember, after 3 years the grade drops and the proven is expended. Which means RNX will once again, if not before need more money to do infill drilling.
They are giving away Dumont for what will turn out to be no more than 10 cents per share in earnings after all the shares have been printed.
The more I look at it the more I wonder if this is not a hail mary to save face at Beta.
We will see.
Year End should be out this week so it should be interesting, especially the MD&A.