RE:RE:$12+ million net income, 3 months ended Sept 30, 2018I'm sure management is benefitting. It would seem from the hit to the SP that the market didn't think much of the new debentures. I'm among the unhappy shareholders.
But I wouldn't be completely shocked to find that their plan for the fuunds works in favour of shareholders too: "We believe the Private Placement affords us the opportunity to move ahead with our objective of accelerating the drilling program to significantly add reserves, production and mine life at our high-grade Segovia Operations to strengthen our enterprise value."